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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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DO YOU KNOW?
32% of Chinese zinc smelters surveyed by SMM are optimistic toward zinc prices and expect prices to rise to 14,000-15,000 yuan per tonne in the near future. 

Meanwhile, Vedanta Resources Plc said it would maintain its low-cost production of the metal, as well as continue with its plans for a $630 million zinc development in South Africa. 

 Earlier Glencore Plc, the world’s largest commodities trading company— announced, in October that it plans to cut zinc output by a third rather than sell it cheaply;  suggesting that more producers may curb supply. 

JPMorgan Chase & Co. said October 16, 2015: "More capacity shut-downs are probably needed to tighten the market".

However, according to ICBC Standard Bank Plc: "Refined zinc production will exceed demand this year and in 2016". 

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