CMP: 162

Cox & Kings Ltd is a travel organization. The Company offers travel solutions and travel related products including excursions and leisure travel, destination management, incentive and conference solutions, NRI services, trade fairs, transportation bookings, foreign exchange, business travel, private air charter, hotel bookings, and visa/passport/medical insurance assistance.

Cox & Kings is a decent bet in mid-cap space. Its currently trading at a P/E of 25. Company has debt of 420 Crores, but is more than compensated for being cash rich with over 500 Crores. It listed in secondary markets only in late 2009. Company made revenues of 236 Crores and profits of 76 Crores in 2011. NPM is pretty strong at over 30%. Buy and hold for long term gains.