ICICI Direct is bullish on Cox and Kings has recommended buy rating on the stock with a target price of Rs 220 in its research report dated November 19, 2018.
The company had posted a net profit of Rs 199.14 crore for the corresponding period of the previous fiscal.
ICICI Direct is bullish on Cox and Kings has recommended buy rating on the stock with a target price of Rs 12000 in its research report dated October 30, 2018.
ICICI Direct recommended hold rating on Cox and Kings with a target price of Rs 225 in its research report dated August 16, 2018.
Total income from operations during the quarter at Rs 1,370.91 crore. It was Rs 1,391.91 crore in the year-ago period.
Cox and Kings' revenue stood at Rs 7,176 crore in FY17.
ICICI Direct recommended hold rating on Cox and Kings with a target price of Rs 290 in its research report dated August 16, 2017.
The equity shares of CKFSL will be issued to the equity shareholders of Cox and Kings.
Anil Khandelwal, CFO, Cox and Kings says the company is now through with the strategic rebalancing of its businesses and no further action is likely on that front.
A major part of Cox and Kings revenues come from international business segment. Anil Khandelwal, CFO, Cox and Kings expects earnings from international business to grow 18-20 percent in next financial year.
CRISIL has assigned a CRISIL SME fundamental grade of 'SME 3/5' to the proposed IPO of VKC Credit and Forex Services Ltd (VKC). This SME fundamental grade indicates that the fundamentals of the company are good compared to other SMEs in India.
In CNBC-TV18's popular show Bull's Eye, Pankaj Jain, Sunteck Wealthmax shares trading strategy of the day.
Mehraboon Irani Of Nirmal Bang Securities is of the view that buy Cox and Kings at around Rs 180-190.
Travel firm Cox and Kings today said it has acquired a stake in US-based travel company Radius for an undisclosed amount.
Cox and Kings has declared its fourth quarter results. The company's Q4 FY11 consolidated revenues was up 16% at Rs 159 crore versus Rs 137 crore.