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International Travel House drops on profit booking

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Capital Market
Last Updated : Aug 28 2014 | 2:15 PM IST

International Travel House lost 7.36% to Rs 284.45 at 13:28 IST on BSE, with the stock declining on profit booking after recent rally.

Meanwhile, the BSE Sensex was up 70.61 points, or 0.27%, to 26,630.76

On BSE, so far 38,368 shares were traded in the counter, compared with an average volume of 11,356 shares in the past one quarter.

The stock hit a high of Rs 309.50 and low of Rs 282 so far during the day. The stock hit a 52-week high of Rs 310 on Wednesday, 27 August 2014. The stock hit a 52-week low of Rs 133 on 4 September 2013.

The stock had outperformed the market over the past one month till 27 August 2014, rising 33.36% compared with 1.66% rise in the Sensex. The scrip had also outperformed the market in past one quarter, surging 36.5% as against Sensex's 8.19% rise.

The small-cap company has an equity capital of Rs 7.99 crore. Face value per share is Rs 10.

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Shares of International Travel House were on a roll recently, gaining 20.67% in two trading days to Rs 307.05 on 27 August 2014, from a recent low of Rs 254.45 on 25 August 2014.

International Travel House reported 2.3% rise in net profit to Rs 5.85 crore on 4.7% rise in total income to Rs 46.43 crore in Q1 June 2014 over Q1 June 2013.

International Travel House is one of India's leading travel management companies. The company's network consists of 10 International Air Transport Association (IATA) travel offices, 14 car rental offices, and 19 travel counters.

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First Published: Aug 28 2014 | 1:38 PM IST

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