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Thomas Cook at 52-wk high on Q4 nos

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(India) has rallied 7% to Rs 67 on doubling net profit at Rs 5.04 crore for the quarter ended December 2011, compared to Rs 1.51 crore for the same quarter of the previous fiscal. Revenues grew 31% at Rs 87.30 crore on year-on-year basis.

“Improved margins and aggressive expansion, via a combination of owned shops and franchises partners, primarily in the tier II and III markets, has played a significant role,” the company said in a filing to the stock exchanges.

A combined 550,000 shares have changed hands on the counter on opening deals on both the exchanges.

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SAT directs Sebi to give reasons for rejecting Gillete offer

The Securities Appellate Tribunal (SAT) today directed the market regulator Securities and Exchange Board of India (Sebi) to give a reasoning for ...

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