Shares of Thomas Cook India (TCIL) surged over 7 per cent to a one-year high level in the morning trade today on robust third quarter earnings.
Shares of the travel services and foreign exchange provider jumped 5.93 per cent to a 52-week high of Rs 66 on the BSE. On the NSE, the stock gained 7.28 per cent to a one-year high of Rs 67.
Thomas Cook India had yesterday posted over three-time increase in consolidated net profit for the fourth quarter ended December 31, 2011 at Rs 5.04 crore compared with Rs 1.51 crore in the corresponding quarter last fiscal.
For the full fiscal, the net profit increased 19.25 per cent to Rs 56.24 crore from Rs 47.16 crore.