Sterling Holiday up ahead of discontinuation of trading

Trading in the stock will be discontinued from August 31 on merger with Thomas Cook India

Shares of Sterling Holiday Resorts were up 2% at Rs 235 on the Bombay Stock Exchange (BSE) after the Bombay Stock Exchange said that trading in the stock would be discontinued from August 31, 2015 following the merger of the comany with Thomas Cook India Ltd.

The exchange also said that Sterling Holiday Resorts India Ltd would be replaced by Adani Enterprises on the S&P 500 with effect from August 31, 2015.

The stock touched a high of Rs 238 and a low of Rs 233 on the BSE. At 11:05AM, over 12,000 shares were traded on the BSE