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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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Market Mantra
Nifty is continuously getting support around 6270-6280 ranges during the day. It is to be noted that the Nifty has settled 187 points higher in December, expiry. The uptrend remains intact and long positions could be HELD. 
Resistance: 6310 / 6350
Support: 6270 / 6220
Today's Call: 
Buy Reliance Power Ltd at Rs.73.10, T-Rs.81, SL--Rs.69. The CBI has closed its preliminary enquiry into the alleged irregularities in coal block allocation for the company's ultra mega power project in Sasan, Madhya Pradesh. Moreover, the government may separate forest clearance for coal block from the environment nod to the overall project to speed up Odisha ultra mega power project. CLICK HERE. 
Those who have bought Rolta India Ltd yesterday at around Rs.17--17.30, should consider buying more of the scrip on every decline. It will give super and steady returns over a period. Centre plans to allow FDI in e-commerce before March, 2013. CMP: Rs.67.70. 

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