Cox & Kings Drops 2.5% As Mauritius-Based Fund Sells Stake

Cox & Kings Ltd is currently trading at Rs 170.2, down by Rs 4.3 or 2.46% from its previous closing of Rs 174.5 on the BSE as Copthall Mauritius Investment sold 3.16 million shares, or its entire 1.8% stake in the company at Rs 172.18 per share in a block deal on BSE on Friday.

The scrip opened at Rs 175.35 and has touched a high and low of Rs 175.35 and Rs 168.7 respectively. So far 88251 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 3081.06 crore.

The BSE group 'A' stock of face value Rs 5 has touched a 52 week high of Rs 256.45 on 06-Jan-2016 and a 52 week low of Rs 140.5 on 17-Feb-2016. Last one week high and low of the scrip stood at Rs 183 and Rs 168.25 respectively. The promoters holding in the company stood at 51.26 % while Institutions and Non-Institutions held 31.28 % and 17.46 % respectively. The stock is currently trading below its 100 DMA.

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