Thomas Cook (India) extends gains on state tourism partnership

Vikram Thermo (India)

12/04/2024 07:31

** Shares of Thomas Cook (India)  THOM.NS  up 2.5% at 179.45
rupees
    ** The travel firm and SOTC Travel entered a partnership
with the Indian state of Uttarakhand's Tourism Development Board
for a project 
    ** THOM stock closed 1.3% higher on Thursday after the
partnership news was released 
    ** Stock has gained ~4% in the two sessions 
    ** It is trading above its 200-day simple moving avg since
June 2023, volumes at 0.8x the 30-day avg 
    ** Including session's gains, stock up 32% YTD

    

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))