Cox and Kings Detailed Research Report

The EPS of Cox and Kings as of March 31, 2010 is Rs. 26.13, so PE turns out to be 17 based on price of Rs. 460. Not really buy, however tourism is very hot in India, so I would comfortable selling at PE of 25 which turns to be price of Rs. 650. I'll wait on this stock.

April 09, 2010
Financial results for the third quarter ended December 31st 2009

You can read all the financial results from above link.
The EPS for 9 months works out to be Rs. 18.74, off which quarter ending December 2009 is Rs. 4.07. So the based on that number, full year EPS could be ~ Rs. 26.
The PE turns out to be 20 with the closing price of Rs. 520 as off April 09, 2010.
I would hold onto the stock, since the travel market has long way to go in India and PE of 20 is definetly not cheap but still has some headroom. Let's wait for the March 2010 results and I'll evaluate again.