Thomas Cook India is seeing a rebound in travel demand after a period of uncertainty following the India-Pakistan border tensions and Israel-Iran conflict, along with the tariff levies by the US administration, which had marginally dented the September quarter profitability.
Thomas Cook is a leading travel and forex company offering global services with a focus on innovation. Expanding into resorts and souvenir imaging solutions through acquisitions. Sales are rebounding post-Covid, with long-haul leisure travel and other segments expected to drive 17.2 percent revenue growth by FY26.
In the recent times, we can see a lot of foreign parent companies cashing out from their Indian counter-parts at higher valuations
Promoter Fairbridge Capital plans to sell up to a 8.50 percent stake in Thomas Cook through the OFS.
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