Hold Thomas Cook, says Sharmila Joshi

Sharmila Joshi of sharmilajoshi.com told CNBC-TV18, "I think the prospects for Thomas Cook are good. I don’t know about the CAGR 20 percent or whatever. The sector that it is in as well as the way it has chosen to grow, are of course what I like about the stock. I think what has happened also hit the sector, in interims you will see some slowdown coming in, you may have seen some slowdown I think even because of the taxation issues etc. which have hit travel companies, may be demonetisation hit them for one quarter."

"This is part of the consumption sort of a play and an aspirational sort of a play, I think there is tremendous growth and there is no doubt that the kind of position Thomas Cook enjoys in the Indian context. So I think that for me the stock is a hold at this price."

"I think there is an upside from current levels as well especially for next two or three year horizon. So, that would be my target, closer to Rs 310-315 and maybe that is where one could look to exit," she added.