Budget 2015: Stocks of travel firms mixed on visa-on-arrival announcement
PTI February 28, 2015
Stocks of travel companies Cox and Kings and Thomas Cook India saw mixed trend after Finance Minister Arun Jaitley announced that visa on arrival facility would be expanded to 150 countries.
Cox & Kings rose by 3.25 per cent to Rs 339 while Thomas Cook fell by 1.79 per cent to Rs 196.55 on the Bombay Stock Exchange following the announcement.
"Visa on arrival scheme to be expanded to 150 countries from the current 43 countries," the Finance Minister said in his budget speech.
In the broader market, the BSE Sensex was trading 35.49 points down at 29,255.61.