OICHARTS
8 AMThe 8 AM report →
TravelHospitalityMedium impactPre-market

Thomas Cook board approves scheme involving Sterling Holiday Resorts

pre-market1 source ↓written by the desknot a recommendation

Thomas Cook (India) Limited's Board approved a Composite Scheme of Arrangement on 20 Mar 2026. This involves the demerger and transfer of assets among Thomas Cook, Sterling Holiday Resorts, and three subsidiaries: TC Visa Services, Jardin Travel Solutions, and Borderless Travel Services. This restructuring aims to streamline operations and meet listing requirements.

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, 07:27 IST.

Sourcesnews.google.com

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 07:27 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
—

Source NSE UDiFF bhavcopy · THOMASCOOK on the desk →

Related