Cox & Kings is currently trading at Rs. 147.50, up by 3.80 points or 2.64% from its previous closing of Rs. 143.70 on the BSE.
The scrip opened at Rs. 147.20 and has touched a high and low of Rs. 150.40 and Rs. 146.95 respectively. So far 27111 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 248.50 on 04-Aug-2011 and a 52 week low of Rs. 122.50 on 24-Apr-2012.
Last one week high and low of the scrip stood at Rs. 160.70 and Rs. 135.15 respectively. The current market cap of the company is Rs. 2013.79 crore.
The promoters holding in the company stood at 58.66% while Institutions and Non-Institutions held 25.79% and 13.83% respectively.
Travel service provider Cox & Kings’ board has approved an investment from an institutional investor of $140 million at Prometheon Holdings (UK), a wholly owned subsidiary of the Company. The investment will involve a minority stake for fresh capital issued to the prospective investor. The investment is subject to receipt of all regulatory approvals, if required, and execution of definitive agreements.
Earlier in April, the company had announced that it is likely to start Nostro operations by May-end as it got license from the RBI for using foreign currency account.
Cox & Kings is one of the oldest and recognized holiday brands that cater to the overall travel needs of an Indian and International traveller. It is one of the India’s largest tour and travel operator that serve as a ‘One Stop Shop’ for all travel and travel related products.
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