Image
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...
Rohit Ferro Tech Ltd: Buy
CMP: Rs.5.50
Rohit Ferro-Tech, which is into ferro alloy manufacturing (and Mining & Minerals sector) has been facing several problems like non-availability of  adequate quantities of raw materials, lower capacity utilisation and low absorption of overheads. 

Earlier this year it sold its Jajput unit to Balasore Alloys Ltd (formerly Ispat Alloys Limited), which is part of the Ispat Group, due to severe financial stress owing to its high debt exposure.  In other words, the company decided to dispose off the Jajpur unit so as to ease its financial burden and improve its cash flow requirement.

It also has units located at Bishnupur and Haldia in West Bengal. 

The current market capitalization stands at Rs.62.58 crore. The current book value of the shares of the company is Rs.19.74.

Buy the shares of the company with a six-month perspective for a target of Rs.7.30--9.50.

Comments

Popular posts from this blog