Buy Thomas Cook (India), target Rs 265: Dharmesh Shah

Dharmesh Shah of ICICI Direct has a buy call on Thomas Cook (India) with a target price of Rs 265.

The current market price of Thomas Cook (India) is Rs 237.95.

Time period given by the analyst is intraday when Thomas Cook (India) price can reach defined target.

Dharmesh Shah recommended to keep a stop loss at Rs 227.

Thomas Cook (India), incorporated in the year 1978, is a Mid Cap company (having a market cap of Rs 8,730.83 Crore) operating in Hospitality sector.

Thomas Cook (India) key Products/Revenue Segments include Sale of services which contributed Rs 1,669.52 Crore to Sales Value (97.29 per cent of Total Sales), Other Operating Revenue which contributed Rs 44.72 Crore to Sales Value (2.60 per cent of Total Sales) and Property Development which contributed Rs 1.72 Crore to Sales Value (0.10 per cent of Total Sales)for the year ending 31-Mar-2017.

The company’s top management includes Mr.Chandran Ratnaswami, Mr.Harsha Raghavan, Mr.Madhavan Menon, Mr.Nilesh Vikamsey, Mr.Pravir Kumar Vohra, Mr.Sunil Mathur, Mrs.Kishori Udeshi.

Company has BSR & Co. LLP as its auditors.

As on 30-09-2017, the company has a total of 366,918,721 shares outstanding.