Cox & Kings Gains After A Large British Purchases

The announcement was made after trading hours, Wednesday, July 27, 2011.

Meanwhile, the BSE Sensex fell 160.84 points, or 0.87% at 18,271.41.

On BSE, 1.93 lakh shares were traded in the counter compared to an average daily volume of 68,618 shares in the last quarter.

In stock has reached a level of Rs 201.05 and low of Rs 194.85 so far during the day. In stock had hit a low of Rs 179.55 52 week March 15, 2011. In stock had hit a record high of Rs 329.85 on August 11, 2010.(NRI Online Trading account)

The stock has outperformed the market over the past one month, until July 27, 2011 to obtain a 3.71% increase in the Sensex is 0.11%. However, the Scriptures have underperformed the market last quarter, sliding 6.58% to 5.23% fall in the Sensex.

The tour was mid-cap equity of Rs 68.26 crore. The nominal value per share, RS fifth

Under the terms of the acquisition will be completed September 27, 2011, Cox & Kings has offered 432.1 pence in cash to the shareholders of Holidaybreak PAN Card for NRI.

Holidaybreak is a group of educational and travel activities listed on the London Stock Exchange. Cox & Kings expects the acquisition to increase revenues

Breakfast holiday offers educational trips and activities for school children and international news, short breaks in Britain and Europe, mobile home and camping holidays on sites across the Europe. The Group has three operating divisions: education and adventure, Hotel Breaks and Camping, which has leading positions in England and other major European markets and has over 15 well established and widely recognized brands.

For the year ended September 30, 2010, revenues of £ 461.7 million Holidaybreak and the UK before tax of 26 million pounds. At March 31, 2011, net debt of 137.9 million pounds Holidaybreak (of which 16.8 million pounds of leasing and fit to the reserves available to the West End Theatre) and a deficit of defined benefit pension 1.2 pounds million.

On a consolidated basis, net income of Cox & Kings were 2.5% to Rs 46.13 crore on 15.9% increase in net sales of Rs 158.75 million rupees in Q4 March 2011 , over Q4 March 2010.


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