This small-cap travel agency launched a hill station resort in Panchgani via its subsidiary!
The company is the leading provider of travel as well as financial services in India.
Sterling Holiday Resorts, a wholly-owned subsidiary of Thomas Cook (India), opened Sterling Panchgani, its 19th hill station, which is tucked away in the magnificent Sahyadri mountain range. Between the twin hill towns of Panchgani and Mahabaleshwar in the Satara region of Maharashtra, Sterling Panchgani provides a quick getaway for residents of Mumbai, Pune, and a number of other state cities.
The resort is well situated just off the main arterial road that gracefully weaves between Mahabaleshwar and Panchgani, and is only 4 km from the lively Panchgani market. It offers a haven from the noise and people while serving as an amazing gateway to explore the area.
The scrip opened today at Rs 64.30 and touched the day high and low of Rs 65.27 and Rs 64.30, respectively. Its 52-week high stood at Rs 87.10, whereas its 52-week low was Rs 52.45. The current market cap of the company is Rs 3,052.77 crore. Promoters hold 72.34 per cent, whereas Institutional and non-institutional holdings are 9.71 per cent and 17.96 per cent respectively.
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Thomas Cook India (TCIL) is India’s largest travel and financial services company. The Company launched its Indian operation in 1881. It is currently present in 55 cities with over 200 locations. Mumbai, Pune, New Delhi, Gurgaon, Chandigarh, Agra, Ahmedabad, Bangalore, Baroda, Bhubhaneshwar, Chennai, Cochin, Goa, Hyderabad, Jaipur, Jalandhar, Kolkata, Trivandrum, Vishakapatnam are the company's offices in India as a whole. With 125 years of experience in India, TCIL is committed to providing a wide range of travel-related services, such as insurance, corporate travel, leisure travel, and foreign exchange.