Medium term investors can consider to subscribe the initial public offering of the global tour operator Cox & King. the company's strong brand image, wide geographical reach - both within country and across major global markets - synergies of operations between its various subsidiaries and the economies of scale. it is a positive for the offer. the highly fragmented domestic travel market, with few organised tour operators also leaves sufficient scope for market share gains. the valuation is at discount compare to Mahindra Holidays and Resorts. this is Good for medium to Long term investors.
Thus one can make the hay while the sun shines as tourism has a great scope considering recession is over and moreover it is going to launch a luxury train in year 2010 also.
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