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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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#Music Broadcast  (Radio City) Ltd moved to Rs. 28.30, intraday. Book part profit and hold with a SL: Rs.27.60.

#Buy Jindal Steel and Power Ltd at around
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Rs.180.50, for short term targets of Rs.192/197, SL: Rs.177.
The company's domestic production of crude steel and related products for the quarter ended Dec. 31 stood at 1.61 million tonne, up 22% from the year ago period. The scrip is trading above its 50D, 100D, 200D, Exponential moving averages,  indicating a Bullish Trend.

#Now the Indian markets are trading in the Green. Sensex is at 41,224.46, up 109.08 points  (+0.27%); while the Nifty is seen at 12,137.50 up 30.60 points (+0.25%). Last time,  I checked,  I saw SGX Nifty was also up by 20 points. With Asian Markets trading mixed and NASDAQ up marginally,  we can expect the pre budget RALLY to gather steam as the day progressed.

#Strides Pharma Science Ltd today touched Rs.415. Book some profits and hold the rest with a SL at Rs.407.

#Buy the shares of Reliance Capital Ltd at around Rs.10.35/10.40 for short term targets of Rs.17/19. SL: Rs.9.
The two ADA Group (Anil Ambani) group shares Reliance Infrastructure Ltd (Rs.21.45) and Reliance Power Ltd (Rs.2.20) is on the upper circuits.  Hence, this scrip can't remain in isolation.
Meanwhile,  Global distressed asset buyers are picking up Reliance Capital’s junkrated debt securities following an assurance by its home finance unit that 98% of retail debenture holders will get their money back, dealers said. Reliance Capital bonds worth ₹565 crore changed hands in the secondary market in seven transactions at 70% discount this week.

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