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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...

Coffee Day Enterprises Ltd (Rs.57.30): Buy

Coffee Day Enterprises Ltd (Rs.57.50) is engaged in the trading of coffee beans. The company owns and operates a resort and renders consultancy services. It is also engaged in the coffee business which ranges from procuring, processing and roasting coffee beans to retailing coffee to domestic and overseas customers.

Coffee Day Enterprises Ltd has seven subsidiaries:

πŸ’’Coffee Day Global, 

πŸ’’Tanglin Retail Reality Developments, 

πŸ’’Tanglin Developments, 

πŸ’’Giri Vidhyuth (India), 

πŸ’’Coffee Day Hotels & Resorts, 

πŸ’’Coffee Day Trading and 

πŸ’’Coffee Day Econ.

As per media reports, Prashant Jain, the former MD and CEO of JSW Energy, has bought a stake in in Coffee Day Enterprises Ltd, through his personal fund Tikri Investments. He picked up 40 lakh shares, translating to 1.89% stake in the company. The shares were bought at Rs.70.94 apiece, which is much higher than the CMP. Photo: Business Today.

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