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Thomas Cook India Expands Forex Network with Varanasi Outlet

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Thomas Cook India Expands Forex Network with Varanasi Outlet

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An announcement from Thomas Cook (India) Limited ( (IN:THOMASCOOK) ) is now available.

Thomas Cook (India) Limited has expanded its foreign exchange distribution network by inaugurating its first outlet in Varanasi, increasing its presence to five outlets in Uttar Pradesh. This strategic move aims to capitalize on the growing forex demand in the region, particularly from the influx of foreign tourists and the local student population. The new outlet offers a comprehensive range of forex services, including currency exchange, prepaid travel cards, and digital services, enhancing consumer access and strengthening the company’s market position.

More about Thomas Cook (India) Limited

Thomas Cook (India) Limited is a leading omnichannel forex services company in India. The company offers a wide range of foreign exchange services, including currency exchange, overseas remittances, and prepaid travel cards. It caters to various customer segments such as students, holidaymakers, and foreign nationals, with a strong presence across metros and tier 2-4 cities in India.

Average Trading Volume: 107,448

Technical Sentiment Signal: Hold

Current Market Cap: 66.06B INR

For an in-depth examination of THOMASCOOK stock, go to TipRanks’ Overview page.

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