EASEMYTRIP SHARE
![Flying high! Tourism stocks rebound up to 4,721% from Covid lows](https://img.etimg.com/thumb/msid-111505650,width-100,height-75,resizemode-4/markets/stocks/news/not-less-than-a-pilgrimage-tourism-stocks-deliver-up-to-4721-returns-from-covid-lockdown-date.jpg)
Flying high! Tourism stocks rebound up to 4,721% from Covid lows
Shares of BLS International Services and other top tourism stocks have seen remarkable growth post-lockdown, with returns ranging from 1,222% to 4,721%. The newly launched Nifty Tourism index tracks 17 constituents, offering investors a diversified approach to the booming tourism sector.
![Ixigo IPO: A look at the online travel aggregator’s listed rivals](https://img.etimg.com/thumb/msid-111089998,width-100,height-75,resizemode-4/tech/technology/ixigo-ipo-a-look-at-the-online-travel-aggregators-listed-rivals.jpg)
Ixigo IPO: A look at the online travel aggregator’s listed rivals
The travel industry, which had taken a beating during the Covid-19 period, witnessed a smart recovery post-pandemic, with some players registering more than double-digit growth in FY23 compared to FY20.
![Ixigo receives Sebi clearance for IPO](https://img.etimg.com/thumb/msid-110333303,width-100,height-75,resizemode-4/tech/technology/ixigo-receives-sebi-clearance-for-ipo.jpg)
Ixigo receives Sebi clearance for IPO
As per DRHP, offer to include Rs 120 crore of fresh shares and OFS component of 66.67 million shares
![A taste of Europe trip at half the cost: How to plan Kazakhstan or Georgia or Azerbaijan or Uzbekistan or Kyrgyzstan trip for Rs. 1 lakh](https://img.etimg.com/thumb/msid-110027727,width-100,height-75,resizemode-4/wealth/spend/a-taste-of-europe-trip-at-half-the-cost-how-to-plan-kazakhstan-or-georgia-or-azerbaijan-or-uzbekistan-or-kyrgyzstan-trip-for-rs-1-lakh.jpg)
A taste of Europe trip at half the cost: How to plan Kazakhstan or Georgia or Azerbaijan or Uzbekistan or Kyrgyzstan trip for Rs. 1 lakh
A clutch of countries in the south of Caucasus and Central Asia provide a whiff of Europe without snapping your budget. Within sniffing distance of Europe and straddling the Eurasian cusp, these are perfect destinations as they combine unsurpassed natural beauty with cultural overdose. Detailed budget and itinerary for Kazakhstan, Georgia, Azerbaijan, Uzbekistan and Kyrgyzstan trips this summer. Happy holidays!
![Big movers on D-Street: What should investors do with EaseMyTrip, Hindustan Copper and NMDC?](https://img.etimg.com/thumb/msid-108056450,width-100,height-75,resizemode-4/markets/stocks/news/big-movers-on-d-street-what-should-investors-do-with-easemytrip-hindustan-copper-and-nmdc.jpg)
Big movers on D-Street: What should investors do with EaseMyTrip, Hindustan Copper and NMDC?
Stocks that were in focus included names like Easy Trip Planner, which rose 2.07%, Hindustan Copper, which fell 3.6%, and NMDC, whose shares closed 4% lower on Tuesday.
![Why Ajay Singh of troubled SpiceJet seeks redemption in bankrupt Go First](https://img.etimg.com/thumb/msid-107852391,width-100,height-75,resizemode-4/industry/transportation/airlines-/-aviation/why-ajay-singh-of-troubled-spicejet-seeks-redemption-in-bankrupt-go-first.jpg)
Why Ajay Singh of troubled SpiceJet seeks redemption in bankrupt Go First
Ajay Singh, known for turning around airlines, has bid for the bankrupt Go First airline. However, his own airline, SpiceJet, is also facing financial challenges. Turning around Go First will be a difficult task, but restarting the airline quickly is the best hope for its success.
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Kangana Ranaut rubbishes dating rumours with entrepreneur Nishant Pitti, asks media not to 'embarrass' her
The 'Queen' star denied all link-up rumours with the EaseMyTrip boss and revealed that she was seeing someone else.
EaseMyTrip surfs patriotic wave post Maldives row
Easy Trip shares surged nearly 17% to ₹51.81 - emerging as one of the top BSE gainers on Thursday. The company's announcement the previous day to launch an insurance subsidiary - EaseMyTrip Insurance Broker also contributed to the sentiment.
India-Maldives row: EaseMyTrip offers discounts on NATIONFIRST and BHARATFIRST codes
The discount came amid the row over Maldives leaders' derogatory posts on Prime Minister Narendra Modi last week. Earlier, Nishant Pitti, had announced the suspension of all Maldives flight bookings following the controversy. Meanwhile, traders' body CAIT has also called upon domestic traders and exporters to refrain from conducting business dealings with the island nation.
EaseMyTrip board approves proposal to raise funds of upto Rs 1000 crore
The company said the board meeting was held on Tuesday. In December last year, platforms, the company said it has recently secured a non-controlling,13% stake in Eco Hotels and Resorts Limited, a BSE listed entity.
Bitten by the travel bug, young Indians find a cure in loans
With the market having expanded, evident in the definitive uptick in travel loans, the average loan value per person has dropped about a quarter to Rs 1.5 lakh per person. The average value has seen a reduction given the large increase of younger travellers availing of loans -- for both domestic and short-haul overseas destinations.
EaseMyTrip and Vi sign a strategic partnership to extend exclusive propositions around travel & international roaming
EaseMyTrip.com said on Wednesday it has partnered with Vi to help Vi customers avail exclusive deals on flights, hotels, trains, buses, and cab bookings on the Vi App. "With this partnership, we aim to bring more convenience and best offers for Vi users. As an introductory offer, there will be zero convenience fees on all flight bookings," the company said in a statement.
EaseMyTrip gained market share in last 2 quarters; there are tailwinds from aviation also: Prashant Pitti
"I do not think there is any revenge travel anymore. This is just the new way of life. One thing Covid has taught us for the long term is that life is very fragile and the best way to live in the moment is to travel and this is what we are seeing. The average ticket volume or the average value also has increased. People are opting more for four star, five star; people are opting more for villas; people are opting more for business class travel"
Big Movers on D-Street: What should investors do with Vodafone Idea, EasemyTrip and Go Colors?
The stock is trading in a W pattern on a weekly chart and forming a base near its previous resistance zone, which is a bullish sign. An early sign of upmove is visible on the relative strength chart in comparison to Nifty50 and good support of short-term EMA’s 10 and 20 is seen on every decline.
Stocks in news: Power Grid, Maruti Suzuki, Adani Energy, Adani Total Gas, PVR Inox
Power Grid's consolidated net profit fell 5% to Rs 3,597 crore in the first quarter. The company's Board has also recommended the issue of bonus shares in the ratio of 1:3.
SpiceJet appoints EaseMyTrip as sales agent as it eyes to shore up revenues
SpiceJet has appointed EaseMyTrip as a General Sales Agent for select market section, hoping the strategic partnership will enhance the promotion and sale of the budget carrier's products and services. This will enable both companies to expand their customer base and reinforce their positions in the highly competitive Indian aviation market.
EaseMyTrip eyes ‘significant’ revenue boost from new insurance business, COO Lokendra Saini says
EaseMyTrip, an Indian travel aggregator, expects a significant revenue boost from general insurance business that it is set to roll out. COO Lokendra Saini said insurance is a natural addition to travel-related products as customers want insurance for their lives, journeys and fulfilment. EaseMyTrip has also suggested alternatives to the government for new 20% TCS levied on overseas travel, a levy that is likely to hurt the industry.
Big Movers on D-Street: What should investors do with Delhivery, IndiGo and EaseMyTrip?
The BSE Sensex and the broader Nifty started the week on a positive note due to optimism in global markets. Realty and IT sectors rose 1.48% and 1.47%, respectively, while power stocks underperformed. Delhivery's stock should be avoided, Indigo's should be bought since it staged a bullish breakout, and EaseMyTrip's stock should also be avoided as it has experienced a continuous supply since hitting its life high in November 2021. Riches Vanara, Technical and Derivatives Analyst at Stoxbox, shared these recommendations for investors.
EaseMyTrip shares jump 9% after travel tech firm partners with World Padel League
Shares of online travel platform EaseMyTrip, surged 8.5% after it announced its partnership with World Padel League (WPL) 2023. The company will provide travel solutions to players, officials, and fans attending the tournament, along with showcasing EaseMyTrip's branding throughout the event. Co-Founder, Rikant Pittie, said this partnership will help connect with a wider audience of sports enthusiasts. Although the stock has corrected by 91% from its high of Rs 438, institutional investors have increased their shareholding in the stock, but mutual funds have reduced their holdings, according to Trendlyne data.
Agents reluctant to sell GoFirst tickets
Travel agents, who are likely owed more than ₹500 crore by Go First Airlines, aren't willing to sell its tickets despite verbal requests from the airline, which has filed for bankruptcy protection. "The airline executives have told us it is trying its best to start operations from May 27. But at this point, we have no clue how Go will resume and sustain them," said a person in the know.
EaseMyTrip Q3 Results: Profit grows 4% YoY to Rs 42 crore; revenue up 58%
Revenue from operations, meanwhile, surged 58% to Rs 136 crore against Rs 86 crore in the same period last year.The adjusted revenue came in at Rs 196 crore during the quarter under review.
Easy Trip Planners shares close at 20% upper circuit in Monday's trade
Shares of Easy Trip Planners have gained 70% in the last 1 year, while its year-to-date return is at 62%
Buy EaseMyTrip Planners, target price Rs 68: Anand Rathi
Previously the stock turned from this level and there was seen a rally towards 73. On hourly, chart it is making N wave which is looking lucrative.
EasyTrip Planners rises 3% as profit doubles in June quarter
The earnings for the online flight and hotel services provider, which operates under the brand name of EaseMyTrip, were supported by a strong demand recovery in the global travel segment.Following the development, shares of Easy Trip Planners rallied about 3 per cent to Rs 437.50 on Monday, before giving up their gains and trading almost flat. The stock settled at Rs 425.60 on Friday.
Pankaj Pandey on 3 stocks that can more than double in 3 years
“The best play in this refining spaces would be Reliance, given that they are one of the biggest exporters, especially of diesel and we have seen the diesel spreads are nearly doubling in the shortest span of time . So, that will be sort of the biggest beneficiary,” says Pankaj Pandey, Head Research, ICICIdirect.com
EaseMyTrip's board approves issuance of bonus shares
The board of directors of the company at its meeting held on January 12, 2022, have approved and recommended the issuance of fully paid-up bonus shares in the ratio of 1:1, out of its free reserves created out of profit, EaseMyTrip said in a statement.
EaseMyTrip Q2 results: Co reports over four-fold jump in net profit to Rs 27 cr
The Q2FY22 Gross Booking Revenue (GBR) stood at Rs 895.1 crore as compared to Rs 339 crore in Q2FY21, up by 164 per cent year on year and Rs 357 crore in Q1FY22, up by 151 per cent quarter on quarter.
EaseMyTrip to buy travel marketplace Traviate in first ever acquisition
The acquisition of Traviate Online will add a new revenue stream, “fast-track” EaseMyTrip’s expansion into the B2B hotel and holiday space and result in higher cost efficiency, according to a regulatory filing.
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