Intrinsic Value

Stock has not been able to generate better return on equity than bank FD

Returns vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Red Flags Found

In October 2019, NCLT admitted a plea filed by Rattan India Finance to initiate insolvency proceedings against Cox & Kings for defaulting on a loan of Rs 30 crore.

NCLAT stays penalty on Writer Business Services by NCLT in Cox & Kings’ RP’s plea

The travel companys RP had approached the tribunal with the complaint that Writer Business Services had blocked access to the record management service by refusing to provide the list of businesses and information of the Cox & Kings that are stored by it. The RP had also claimed in its plea that the…

NCLT penalises Writer Business for refusing services to Cox & Kings

Economic Offenses Wing (EOW) of the Mumbai Police has registered a seventh FIR against global tour and travel company Cox and Kings, its promotor, directors and other employees for allegedly duping Yes Bank to the tune of Rs 523 crore. The accused availed loan from the complainant bank and later …

YES Bank case: EOW files FIR against Cox & Kings in Rs 523 crore cheating case

Travel services providers - Cox & Kings, Easy Trip Planners and Thomas Cook gained 1-5 percent. Among others, Wonderla Holidays gains 1.2 percent.

RBI Monetary Policy: Hotels, Travel Services Stocks Gain 1-7% On Announcement Of Rs 15,000-crore Liquidity Window

This is the second listed firm promoted by Ajay Kerkar to be admitted under the Corporate Insolvency Resolution Process (CIRP) since the flagship firm and travel company Cox & Kings Ltd is also going through an insolvency resolution process.

NCLT admits Cox & Kings Financial Services for insolvency resolution

“In this 14th meeting of the committee of creditors, the resolution for liquidation of the company was put to vote through e-voting as resolution plan was not submitted by any of the prospective resolution applicants despite repeated efforts, ” the company said.

Cox & Kings may head for liquidation

The five accounts are - Cox & Kings Ltd that diverted funds worth Rs 68.46 crore; Era Infra Engineering Rs 19.36 crore; Supreme Tex Mart Rs 16.36 crore; RSAL Steel Pvt Ltd Rs 27.35 crore and Pune Buildtech Rs 16.50 crore, Indian Bank said in a regulatory filing.

Indian Bank declares five NPA accounts worth Rs 148 cr as fraud

Indian Bank on Monday declared five NPA accounts, including Cox & Kings and Era Infra Engineering, having Rs 148.

Indian Bank Declares Five NPA Accounts Worth Rs 148 Cr as Fraud

In more trouble for the travel firm Cox & Kings (CNK), the Economic Offences Wing (EOW) of Mumbai police registered a fresh case for allegedly cheating Laxmi Vilas Bank to the tune of Rs 35 crore.This is the sixth case registered against the group by EOW. To recall, the Enforcement Directo…

Economic Offences Wing files sixth FIR against Cox & Kings

A special PMLA court on Wednesday rejected bail pleas of a former CFO and an ex-internal auditor of Cox & Kings Group.

Court Denies Bail To Two Ex-Executives Of Cox & Kings Group

Cox & Kings Limited is engaged in tours and travel activities. The Company provides various services, such as destination management, outbound tourism, business travel,  domestic holidays, trade fairs, foreign exchange and insurance. 

Cox & Kings Ltd

Cox & Kings Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

NCLAT stays penalty on Writer Business Services by NCLT in Cox & Kings’ RP’s plea

NCLT penalises Writer Business for refusing services to Cox & Kings

YES Bank case: EOW files FIR against Cox & Kings in Rs 523 crore cheating case

RBI Monetary Policy: Hotels, Travel Services Stocks Gain 1-7% On Announcement Of Rs 15,000-crore Liquidity Window

NCLT admits Cox & Kings Financial Services for insolvency resolution

NCLT admits Cox & Kings Financial Services for insolvency resolution

Cox & Kings may head for liquidation

Cox & Kings Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

NCLAT stays penalty on Writer Business Services by NCLT in Cox & Kings’ RP’s plea

NCLT penalises Writer Business for refusing services to Cox & Kings

YES Bank case: EOW files FIR against Cox & Kings in Rs 523 crore cheating case

RBI Monetary Policy: Hotels, Travel Services Stocks Gain 1-7% On Announcement Of Rs 15,000-crore Liquidity Window

NCLT admits Cox & Kings Financial Services for insolvency resolution

NCLT admits Cox & Kings Financial Services for insolvency resolution

Cox & Kings may head for liquidation

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock