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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...
Shrenuj & Co Ltd
CMP: Rs.2.17 (BSE)
PhotoIndia Today
Shrenuj & Company Ltd manufactures and markets high quality polished diamonds and diamond jewellery products. The company in June, 2016 said that as a part of strategy, it has undertaken an exercise to rationalise its manpower across all levels. As a result, some of employees have started tendering their resignations, it said. Shrenuj said it is putting its every effort to retain the best talent in the organisation. Alternative strategies are being considered to overcome the current challenges, the company said.

Shrenuj & Company reported net loss of Rs.38.32 crore in Q4 March 2016, compared with net profit of Rs.2.50 crore in Q4 March 2015. Net sales declined 62.9% to Rs.304.16 crore in Q4 March 2016 over Q4 March 2015. 

Some key statistics: 
(i) The Book Value of the shares of the company is Rs.47.38
(ii) The dividend yield per share at the CMP of Rs.2.17 is 9.22%.
(iii) Face value per share is Rs 2. 
(iv) 52-week Change or by how much the scrip fell: -96.32% (considering the 52-week low in NSE, of Rs.2.10)
(v) 50-Day Moving Average: Rs.3.15
(vi) 200-Day Moving Average: Rs.6.41
(vii) Float: 79.41 million
(ix) The Enterprise Value of Shrenuj & Co as of 20-Aug-2016 is Rs.34.79 billion (Rs.3479 Cr). This is against a market cap of only Rs.41.86 Cr.
(x) The small-cap company has equity capital of Rs 38.58 crore. 


The target for the shares of Shrenuj & Co Ltd (BSE: Rs.2.17; NSE: Rs.2.25) in the medium term is Rs.15-17. However, if the diamond market improves or NDA government takes more pro-active measures, prices of Rs.22-27 cannot be ruled out.

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