Image
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...
EXCERPTS OF THE MORNING MAIL SENT TO THE PAID GROUPS:
A range bound market can be expected TODAY in absence of any global cue. However, level of 5950-6000 continues to act as resistance.  Longs may be avoided at higher level. But stocks might perform in their individual capacity. The small and mid cap counters which remain subdued last week due to lot of negative factors, could spring into action in this week. 

Comments

Popular posts from this blog