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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...

Market Mantra

The Indian bourses as expected are on consolidated phase. The BSE Sensex is now trading at 61,750.47 down 41.55 points (-0.07%), while the Nifty was last  seen at 18,360.85 up 11.15 points (+0.06%). While the indices are likely to trade in a range, the action will be focused on small and micro cap counters due to the commencement of the #November #Effect.

#Buy BIOCON LTD at Rs.283, Short Term 🎯: Rs.294/Rs.297,  SL: 277.90. fundamentals of the company are looking decent. 

#Keep accumulating the shares of Nitin Spinners Ltd (Rs.196) and Nahar Spinning Mills Ltd (Rs.179). The new bales of cotton are set to arrive post 15 November, 2022. The cotton prices are falling across-the-board. 

#Today the the shares of the blue chip construction company, Dilip Buildcon Ltd (Rs.335) are doing fine. The company is all set to turn around from this (Q3FY23) quarter. I'm looking for a price above Rs.500, in the next 6 - 9 months time frame.

#Buy BPL Ltd near the CMP of Rs.67.40, T: Rs.71/76, SL: Rs.65. 

The ongoing festival season is likely to lift the fundamentals of this consumer dirable company.

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