Thomas Cook India shares up 16 pct in early trade
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Last Updated: Thu, Feb 09, 2012 09:56 hrs
Shares in Thomas Cook (India) Ltd rose as much as 16 percent in early trade on Thursday, a day after its UK-based parent Thomas Cook Group Plc said it will look to sell its stake in the Indian travel operator.
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Shares in the company rose their maximum daily limit of 20 percent on Wednesday after the announcement.
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India's Mercury Travels, Cox & Kings, Chinese firm HNA and foreign exchange group Travelex could be interested in Thomas Cook's Indian business, the Economic Times newspaper reported last month.
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The shares were up 11 percent at 59.80 rupees at 9:16 a.m. (0346 GMT). The overall market was down 0.2 percent.
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