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HospitalityMedium impactAfter close

Thomas Cook approves scheme involving Sterling Holiday Resorts

after close1 source ↓written by the desknot a recommendation

Thomas Cook (India) Limited announced that its subsidiary, Sterling Holiday Resorts, has approved a Composite Scheme of Arrangement on 20 Mar 2026. This restructuring involves the demerger and transfer of assets among Thomas Cook, Sterling, and three other subsidiaries to streamline operations.

This corporate action aims to enhance compliance with listing requirements and improve operational efficiency, which may positively impact investor sentiment in the hospitality sector.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 21 Mar 2026, 16:10 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

THOMASCOOK closed −9.4% on the day of the news, from ₹103.34 to ₹93.57; Nifty −2.6% over the same session.

Bulletin at 16:10 IST on 21 Mar 2026. Every change is measured from ₹103.34, the last close before it, on 20 Mar. Nifty 50 is measured over the same sessions.

  • THOMASCOOK close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
THOMASCOOK closes around the bulletin against the close before the news, with Nifty 50 rebased to it88.08102.22116.36axis spans 32%before the news · 20 Mar103.34Nifty 50THOMASCOOKbulletinD0+1+3+516 Mar27 Mar9 AprReference close ₹103.34. 16 sessions from 16 Mar to 9 Apr; the price axis spans 32 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before20 Mar₹103.34basebase
On the day23 Mar₹93.57▼ −9.4%▼ −2.6%−6.8 pp difference
+1 session24 Mar₹94.77▼ −8.3%▼ −0.9%−7.4 pp difference
+3 sessions27 Mar₹93.88▼ −9.2%▼ −1.3%−7.9 pp difference
+5 sessions1 Apr₹95.78▼ −7.3%▼ −1.9%−5.4 pp difference
Gap at the open, % · ₹
▲ +0.1%+0.16 on 23 Mar
Day's range, % · ₹
10%≈ 11 high to low
Volume on the day
1.61×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

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