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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...
Resurgere Mines and Minerals Ltd: Shareholding Pattern of June, 2014 quarter
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We can clearly see, from the shareholding pattern of the company, that holdings of the promoters (and other large entities) have more or less remained same during the last two quarters. This puts to rest, the controversy spread by vested interest group/s that the promoters have allegedly sold their holdings. If the company starts mining in its BAUXITE mines in Maharashtra, then the scrip could even cross its book value. 

Moreover, this event is in stark contrast to its peer group company, SVC Resources Ltd, whose promoter holding has steadily decreased during the last few quarters; but surprisingly, the Re.1, Face Value share is still at Rs.2.59 (Rs.25.9, if we consider Rs.10, as Face Value) as compared to Rs.2.16 (Face Value: Rs.10 and not Re.1) of Resurgere Mines and Minerals Ltd. 

A notorious group is very active on the counter, because they probably want to purchase the shares of the company, much below the CMP of Rs.2.16 (BSE rate). Hence, they are trying all the mischief, at their disposal to pull the share of Resurgere Mines and Minerals Ltd down. 

But then, it is only the fools who think that they can control the markets, all the time and everytime. 

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