Posts Tagged ‘financial risk profile’

Thomas Cook Spikes up on CRISIL’s Rating

Thomas Cook (India) is currently trading at Rs 70.50, up by 2.40 points or 3.52% from its previous closing of Rs 68.10 on the BSE.

.

The scrip opened at Rs 69.00 and has touched a high and low of Rs 71.45 and Rs 68.60 respectively. So far 379951 shares were traded on the counter.

.

The BSE group ‘B’ stock of face value Rs 1 has touched a 52 week high of Rs 78.50 on 14-Jan-2010 and a 52 week low of Rs 51.15 on 03-Nov-2009.

.

Last one week high and low of the scrip stood at Rs 73.00 and Rs 67.55 respectively. The current market cap of the company is Rs 1489.78 crore.

.

The promoters holding in the company stood at 77.23% while Institutions and Non-Institutions held 0.85% and 21.92% respectively.

.

Credit rating agency, CRISIL has reaffirmed ‘AA-/Stable’ rating to Rs 6.80 crore proposed long term bank loan facility and Rs 158.20 crore cash credit and working capital demand loan of Thomas Cook India..

The ratings reflect the company’s leading position in the foreign exchange (forex) business in India, and its strong brand equity. These rating strengths are partially offset by the susceptibility of the company’s business to the external environment, and the company’s moderate financial risk profile.

.

Thomas Cook is a part of the Thomas Cook group. It operates in the forex and travel services businesses.

.

OUR Websites:  http://www.smcindiaonline.com,http://www.smccapitals.com,
http://www.smctradeonline.comhttp://www.smcwealth.com

.

Share/Bookmark