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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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Photo: Jansatta 
The domestic indices closed flat yesterday. The BSE Sensex closed at Exchanges will reopen on 08 38,417.23 up 60.05 points (+0.16%) while the Nifty closed at 11,355.05 up 21.20 points (+0.19%). The Nifty thus is getting support near 11200/11300 ranges and as long as this level is intact, the bulls acan build short term long positions.

#I feel the scrip of MMTC Ltd (Rs.18.20) will test Rs.17.70 level before going up. You should therefore wait for more clearer signals.

#Buy the shares of Kothari Sugars and Chemicals Ltd (Rs.14.95), for short term targets of Rs.19/21. The chairperson of this company is Mukhesh Ambani's sister, Nina Ambani Kothari. The festive demand for sugar, is likely to keep the stock buoyant. 

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