Thomas Cook Plc has started formal process to sell India unit stake, reports CNBC-TV18, quoting Reuters.
Thomas Cook (India) touched an intraday high of Rs 53.90 and an intraday low of Rs 44.75. At 13:30 hrs the share was quoting at Rs 53.90, up Rs 8.95, or 19.91%.
There were pending buy orders of 317,857 shares, with no sellers available.
It was trading with volumes of 2,309,798 shares, compared to its 5-day average of 466,977 shares, an increase of 394.63%.
In the previous trading session, the share closed down 2.71% or Rs 1.25 at Rs 44.95.