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Cox and Kings lists at discount to issue price, shares soar

Published: Friday, Dec 11, 2009, 11:10 IST
Place: Mumbai | Agency: Reuters

Shares of travel operator Cox and Kings (India) Ltd listed at Rs304.10 on the BSE on Friday, about 8% lower than its issue price of Rs330 a share, but rose over 19% in early deals.

Cox and Kings (India) is the parent of UK-based unlisted Cox and Kings, and accounts for nearly 66% of the group' global revenues.

At 9.57 am, Cox and Kings shares were at Rs390 on the BSE, up 18%.

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