Thomas Cook may touch Rs 165: Sahil Kapoor

Sahil Kapoor of Edelweiss Financial Services told CNBC-TV18, "Thomas Cook (India) has broken to new 52 week highs. It is a clear breakout and I expect the stock to move higher to about Rs 165. Thomas Cook has moved in a very strong bull momentum, after consolidation this breakout again is with handsome volumes. I expect it to go to Rs 165 and right now the stoploss should be placed at Rs 144."

At 15:03 hrs Thomas Cook (India) was quoting at Rs 150.15, up Rs 5.90, or 4.09 percent. It has touched a 52-week high of Rs 160.80.