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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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Domestic share markets are performing in tune with the firmness in other Asian stock markets after President Donald Trump's announced plans to gradually re-open the US economy. The news offset record slump in China GDP. The broader market was in line with benchmark indices. The S&P BSE Mid-Cap index was up 1.19% while the S&P BSE Small-Cap index was up 1.79%.

Meanwhile, the RBI governor Shaktikanta Das today said India is expected to post a sharp turnaround and resume its pre-COVID pre-slowdown trajectory by growing at 7.4% in 2021-22.

RBI announces second tranche of liquidity boost; cuts reverse repo by 25 basis points,basis point reverse repo cut taking it to 3.75 per cent from 4 per cent earlier. The move has been taken to allow banks to lend more.
A TLTRO 2.0 of Rs 50,000 crore specifically targeted at NBFCs has been announced.
These liquidity measures are over and above the Rs.3.74 lakh liquidity boost announced in the last week of March. 
Those included a Targeted Long Term Repo Operations (TLTRO) window of Rs one lakh crore for banks to invest specifically in corporate bonds and commercial papers. It also reduced the repo rate by 75 basis points and the reverse repo by a larger margin of 90 basis points, thereby making it less lucrative for banks to park money with the RBI. 
It also reduced the CRR by 100 basis points, thereby leaving more money in the hands of the banks to lend to customers.


#Buy the shares of state Bank of India Ltd at Rs.188, for targets of Rs.195/196. SL: Rs.181. 

#The scrip of National Fertilisers Ltd is finding difficulty to cross Rs.25/26.30 ranges. The premium members were today suggested to book some profits and hold the rest with a SL of Rs.21.

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