Thomas Cook (India) hits record high on 57-fold jump in profit

Thomas Cook (India)

02/11/2023 07:11

** Shares of Thomas Cook (India)  THOM.NS  rise ~5% to a
record high of 142.5 rupees
    ** Stock on track to sixth straight winning day, if gains
hold
    ** Travel service provider's Sept-qtr profit jumped over
57-fold Y/Y; total income from ops grew 51.5%
    ** Revenue at its mainstay travel and related services
segment surged 59.3%
    ** More than 3.1 mln shares traded by 12.28 p.m. IST, 6.6x
its 30-day avg
    ** Stock extends YTD gains to 100.1%

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))