Cox & Kings strengthens as its arm receives visa processing contract

Cox & Kings (India) is currently trading at Rs. 154.60, up by 1.80 points or 1.18% from its previous closing of Rs. 152.80 on the BSE. The scrip opened at Rs. 154.55 and has touched a high and low of Rs. 158.15 and Rs. 154.00 respectively. So far 73605 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 168.45 on 02-Apr-2014 and a 52 week low of Rs. 84.50 on 30-Aug-2013. Last one week high and low of the scrip stood at Rs. 161.50 and Rs. 148.00 respectively. The current market cap of the company is Rs. 2109.36 crore. The promoters holding in the company stood at 59.51%, while Institutions and Non-Institutions held 24.53% and 14.98% respectively. Cox & Kings Global Services, a subsidiary of Cox & Kings, has received a contract from Embassy of India in the USA for providing Visa/OCI/PIO/Renunciation of Indian Citizenship Certificate application support services. The company would offer its services from May 21, 2014 at all Indian diplomatic posts in the US. Cox & Kings is the longest established travel company in the world since 1758. It operates across 4 continents and 25 countries. In India, Cox & Kings has 12 branch sales offices and 150 Franchisee located across the country.