Cox & Kings surged 3.92% to Rs 210.65 at 10:53 IST on BSE after New Horizon Opportunities Master Fund bought 45.86 lakh shares of the company from Macquarie Bank at Rs 195.50 per share in a bulk deal on the NSE on Friday, 15 July 2016.
Meanwhile, the S&P BSE Sensex was up 166.07 points or 0.6% at 28,002.57.
On BSE, so far 2.04 lakh shares were traded in the counter as against average daily volume of 95,002 shares in the past one quarter. The stock hit a high of Rs 213.80 and a low of Rs 204.10 so far during the day. The stock had hit a 52-week high of Rs 317 on 5 August 2015. The stock had hit a 52-week low of Rs 140.50 on 17 February 2016. The stock had outperformed the market over the past one month till 15 July 2016, gaining 25.59% compared with Sensex's 4.15% rise. The scrip had, however, underperformed the market in past one quarter, advancing 7.11% as against Sensex's 8.62% rise.
The small-cap company has equity capital of Rs 88.28 crore. Face value per share is Rs 5.
On consolidated basis, Cox & Kings reported net loss of Rs 305.54 crore in Q4 March 2016 compared with net profit of Rs 64.57 crore in Q4 March 2015. Net sales declined 3% to Rs 469.41 crore in Q4 March 2016 over Q4 March 2015.
Cox & Kings is one of the longest established travel companies in the world since 1758. Headquartered in India, it is the leading holidays and education travel group with operations in 22 countries across 4 continents.
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