Thomas Cook India Limited
WITHDRAWNBuyback · IPO Guide
Expert Rating
The financials of the company are declining since FY18, RoE is around 2.09% and at CMP its looks fully priced. Price difference is around 32% and acceptance ratio as per current share holding for retail will be around 12% for RII. So expected acceptance ratio would be around 20% and gain around 7% for retail investors. But current situation is not good for travel industry and we may see more correction in stock price. So we give rating to this buyback.
Disclaimer
No financial information whatsoever published herein, should be construed as an offer to buy or sell securities, or as information to make investment decisions, or as an official confirmation of any transaction. All matter published herein is purely for educational and informational purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions.
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