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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...
TCS LTD is the new Infosys Tech Ltd of the Indian Bourses, Beats Forecasts:
IT giant Tata Consultancy Service has reported nearly 30% increase in its consolidated profit for the financial year ended March 31, 2011. According to stock exchange filings, the net profit for FY11 was pegged at Rs.9,068.04 crore, 29.54% higher than Rs.7,000.64 crore for the previous fiscal.
The total income for FY11 increased to Rs.37,324.51 crore from Rs.30,028.92 crore in the financial year ended March 31, 2010. This signifies an increase of 24.30%. The income received a major boost from sale of equipment and software licences that reported an increase of nearly 35%.
TCS also achieved  a 3.2% growth in its Q4 net profit at Rs.2,402 crore as per US GAAP.
Q4 sales too sprang by 5.1% to Rs.10,157 crore.
Within the income segment, banking, financial services and insurance (BFSI) contributed the largest share followed by telecom, retail & consumer packaged goods and manufacturing. Meanwhile, the company took a hit of Rs.36.23 crore on account of foreign exchange loss in FY11.

The board of the company has recommended a final dividend of Rs.8 on equity share of Re.1 each, which shall be paid on the fourth day from the conclusion of the annual general meeting, subject to the approval of the shareholders of the company.

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