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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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Today,  the BSE Sensex is seen trading at 37,898.17 up 509.51 points (+1.36%), while the Nifty is seen at 11,202.25 up 152 points. Thus, the Nifty has again turned Bullish and is expected to move towards 12500.

#Among the positive news for the entertainment sector: Cinema halls to reopen from 1 October,  2020. In this context let me recommend the shares of Cineline India Ltd (Rs.27.80) near Rs.27, on intraday dips for short term targets of Rs.31/32. SL: Rs.26.

#You can continue to add the shares of 20 Microns Ltd (Rs.29) near intraday dips for at least 30/40% appreciation from the CMP.

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