Thomas Cook (India) shares eyes best day in 2 months on share buyback plan

Thomas Cook (India)

20/02/2020 05:01

** Shares of the travel service provider  THOM.NS  rise as
much as 20% to hit its upper circuit; mark their biggest
intraday pct gain since Dec. 5 
    ** Company says it will consider a proposal to buyback its
equity shares  urn:newsml:reuters.com:*:nFWN2AJ15E
    ** About 1.6 mln shares change hands, ~4.2x their 30-day avg
volume
    ** As of last close, shares have fallen 35.3% this year

 (Reporting by Nallur Sethuraman in Bengaluru)
 ((Sethuraman.NR@thomsonreuters.com; (+91 8061822737); Reuters
Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))