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Cox & Kings gains after closure of QIP
Source: IRIS | 26 Nov, 2014, 12.17PM
Rating: NAN / 5 stars.
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Cox & Kings (CKL) the international & domestic travel services company, witnessed a rise in share price on Wednesday after the committee of board of directors has approved the closure of the QIP. The committee also approved the issue price of Rs 305 a share (including Rs 300 a share towards securities premium), for equity shares to be allotted to eligible qualified institutional buyers (QIBs) in the qualified institutional placement (QIP).

Shares of the company are trading at Rs 295, up Rs 5.25, or 1.81%  at the Bombay Stock Exchange (BSE) on Wednesday at 12:03 p.m. The scrip has touched an intra-day high of Rs 297.30 and low of Rs 289.25. The total volume.

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