Exit Thomas Cook on any rally: Phani Sekhar

Phani Sekhar of Angel Broking told CNBC-TV18, "Thomas Cook (India) is trading at quite a lot of premium valuation. So while the stock may not correct, but you can have a situation where there is a huge amount of time consolidation happens and the stock doing nothing. So it is a good idea for the investor to maybe look at getting out of Thomas Cook on any rally.”

On February 19, 2014 Thomas Cook (India) ended at Rs 77, up Rs 2.10, or 2.80 percent.

The share touched its 52-week high Rs 92 and 52-week low Rs 47.55 on 10 February, 2014 and 08 March, 2013, respectively.