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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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Jewellery companies take much interest in e-commerce platform
Indian e-commerce business is expected to touch around $22 billion within 3 years
Mar 20 2015: There is a growing interest amongst jewellery companies to include e-commerce into their retail reach, reports say. The Indian e-commerce business is expected to touch around $22 billion in three years, and stand at about $6 billion in the current year, as per research and analyst companies, reports say.

Companies are considering being part of this growth, with some already retailing online through e-commerce ventures like Amazon, Flipkart, eBay, or the India ventures like BlueStone.com and Caratlane.

Recently PC Jeweller had tied-up with Blue Nile, while Tara Jewels had begun selling online through Amazon.com, reports add. Jewellery company Gitanjali Gems envisions e-commerce to occupy around 20 percent of its sales in the coming three to four years, growing from the current 1 percent, reports say. Industrialists Ratan Tata had invested in online jewellery portal Bluestone.

Jewellery companies are considering online portals which are already selling jewellery, apart from promoting their own product portfolio. The quotient of trust is key in the jewellery sector, which online retailers are conscious about and are addressing this with free home delivery and trials at home, reports say.

The online platform serves the advantage of anytime, anywhere shopping for consumers, leveraging the scope of markets a jewellery company can tap at a point. The online medium also offers comparisons in designs and prices, for the consumer, reports add.

Courtesy: Diamond World

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