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SumanSpeaks Independent Capital Markets & Geopolitical Intelligence  |  sumanspeaks.blogspot.com Travel & Hospitality · Turnaround Watch Easy Trip Planners At ₹5.78: The Hotel Business Is Growing Faster Than The Old Business Is Shrinking Near its 52-week low, EaseMyTrip is quietly turning into a different company than the one that listed in 2021 — and the next few quarters will decide whether that transformation shows up in the profit line. Easy Trip Planners Ltd trades around ₹5.78, with a market capitalisation of approximately ₹2,300 crore. That is close to its 52-week low of ₹5.74. At first glance, that looks like a stock the market has simply given up on. Look closer, and a more interesting picture emerges. The balance sheet is clean. Revenue is still growing. And one part of the business — hotels and holiday packa...
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India emerging as a manufacturing hub for cars:
The four-door hatchback will be built in Chennai where the company has invested $500 million to double the capacity of an existing plant to 200,000 units a year.
This is very good news for Sicagen India Ltd (to some extent at it sells commercial vehicles) and Refex Refrigerants Ltd (who sells refrigerant gases to the auto and consumer durable companies)...
London: India is emerging as an auto manufacturing centre with Ford also choosing to manufacture its new small car Figo here- the latest in the new wave of small cars to be built in the country by foreign car makers.
The four-door hatchback will be built in Chennai where the company has invested $500 million to double the capacity of an existing plant to 200,000 units a year, the Times reported.
It will be sold both in India, which has a 250 million plus middleclass, and overseas.
The company, which had incurred losses to the tune of $30 billion between 2006 and 2008, hopes that the young Indian population would go for the new car in a big way and help turn the company’s fortune.
General Motors, Toyota, Honda, Volkswagen and Nissan sell small cars in India or will do so soon. Tata took the initiative in this regard with its Nano costing Rs. one lakh plus taxes and delivery charges.

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