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Easy Trip Planners Limited

EaseMyTrip shares fall 10% in 3 days; Co appoints Rikant Pittie as new CEO

The decline in Easy Trip Planners, the owner of Ease My Trip, comes even as the company said it has appointed Rikant Pittie as its new Chief Executive Officer (CEO)

EaseMyTrip shares fall 10% in 3 days; Co appoints Rikant Pittie as new CEO
Updated On : 02 Jan 2025 | 12:36 PM IST

Stocks to Watch, Jan 2, 2025: Tata Motors, NMDC, South Indian Bank, RailTel

Stocks to Watch, Jan 2, 2025: From auto stocks to NMDC here is a list of stocks that will remain in focus today

Stocks to Watch, Jan 2, 2025: Tata Motors, NMDC, South Indian Bank, RailTel
Updated On : 02 Jan 2025 | 7:47 AM IST

Promoter Nishant Pitti sells 1.4% stake in Easy Trip Planners for Rs 78 cr

Easy Trip Planners promoter and co-founder Nishant Pitti on Tuesday divested a 1.4 per cent stake in the company for Rs 78 crore through an open market transaction. Ease Trip Planners Ltd is the parent firm of online travel company EaseMyTrip. According to the bulk deal data available on the National Stock Exchange (NSE), Nishant Pitti offloaded 4.99 crore shares or 1.41 per cent stake in Easy Trip Planners. The shares were disposed of at an average price of Rs 15.68 apiece, taking the transaction value to Rs 78.32 crore. After the transaction, Pitti's holding in Easy Trip Planners has come down to 12.8 per cent from 14.21 per cent. Also, the combined promoter stakeholding in the company has also declined to 48.97 per cent from 50.38 per cent. Meanwhile, Arunaben Sanjaykumar Bhatiya picked up 2.40 crore shares of Easy Trip Planners at an average price of Rs 15.86 per piece. This took the deal value to Rs 38.06 crore. Details of the other buyers of Easy Trip Planners' shares coul

Promoter Nishant Pitti sells 1.4% stake in Easy Trip Planners for Rs 78 cr
Updated On : 31 Dec 2024 | 9:53 PM IST

Easy Trip drops 10% amid large trade; 17.15 mn shares change hands on BSE

The selling pressure in the stock came after 17.15 million shares changed hands on BSE and 143.3 million shares changed hands on NSE

Easy Trip drops 10% amid large trade; 17.15 mn shares change hands on BSE
Updated On : 31 Dec 2024 | 10:45 AM IST

Easy Trip Planners acquires stake in 3 cos through share swap; stock up 3%

Shares of Easy Trip Planners hit an intraday high of Rs 17.33 per share, rising 3.4 per cent on the BSE in Monday's intraday trade

Easy Trip Planners acquires stake in 3 cos through share swap; stock up 3%
Updated On : 09 Dec 2024 | 11:29 AM IST

Easy Trip Planners stock skyrockets 15% amid heavy volumes; here's why

Shares of travel tech platform Easy Trip Planners skyrocketed up to 14.95 per cent at Rs 18.76 a piece on the BSE in Friday's intraday trade

Easy Trip Planners stock skyrockets 15% amid heavy volumes; here's why
Updated On : 29 Nov 2024 | 10:31 AM IST

Easy Trip Planners board approves issuance of bonus shares in 1:1 ratio

Travel tech platform Easy Trip Planners Ltd on Monday said its board has approved issuance of bonus shares. The board of directors at its meeting held on Monday approved the issuance of bonus shares in the ratio of one bonus equity share for every one fully paid-up equity share, Easy Trip Planners, which operates under the brand EaseMyTrip, said in a regulatory filing. The bonus shares will be issued from the company's available reserves as of March 31, 2024, it added. "This move highlights EaseMyTrip's commitment to rewarding shareholders, following two successful bonus issuances in 2022," the company said. EaseMyTrip CEO and Co-Founder Nishant Pitti said, "This bonus issuance reflects our gratitude to shareholders and underscores our confidence in the company's strong financial health. As we expand, it's important to continue sharing our success with those who have supported us throughout." The total number of shares to be issued are 177.2 crore at a face value of Re 1 each. The

Easy Trip Planners board approves issuance of bonus shares in 1:1 ratio
Updated On : 14 Oct 2024 | 4:56 PM IST

Easy Trip Rebounds: Share gains 7% after hitting 52-wk low in last session

The rebound followed a major drop of up to 8 per cent the previous day amid multiple block deals. The drop, meanwhile, led to a fresh 52-week low for the stock.

Easy Trip Rebounds: Share gains 7% after hitting 52-wk low in last session
Updated On : 26 Sep 2024 | 11:42 AM IST

Promoter Nishant Pitti sells 14% stake in EaseMyTrip for Rs 920 cr

Nishant Pitti, one of the promoter of Easy Trip Planners, on Wednesday divested a 14 per cent stake in the company for Rs 920 crore through open market transactions. According to the bulk deal data available on the NSE, Nishant Pitti sold 24,65,49,833 shares, amounting to a 14 per cent stake in Easy Trip Planners. The shares were offloaded in the price range of Rs 37.22-38.28 apiece, taking the combined transaction value to Rs 920.06 crore. After the stake sale, Nishant Pitti's holding in Easy Trip Planners has come down to 14.22 per cent from 28.13 per cent. Also, the combined shareholding of the promoters' has declined to 50.39 per cent from 64.30 per cent. Meanwhile, Core4 Marcom picked up 5 crore shares of Easy Trip Planners and Craft Emerging Market Fund PCC -- Elite Capital Fund acquired 1.05 crore shares of the company, the data showed on the National Stock Exchange (NSE). The shares were purchased in the price range of Rs 34.25-37.95 apiece, taking the aggregate deal value

Promoter Nishant Pitti sells 14% stake in EaseMyTrip for Rs 920 cr
Updated On : 25 Sep 2024 | 10:13 PM IST

Easy Trip drops to 52-week low after promoter likely sells 8.5% stake in co

The company's Co-founder and CEO Nishant Pitti was the likely seller in the multiple block deals transacted on the counter

Easy Trip drops to 52-week low after promoter likely sells 8.5% stake in co
Updated On : 25 Sep 2024 | 12:08 PM IST

Travel agency Easy Trip Planners to make electric buses; shares jump 14%

This move aligns with our growth plans to expand the non-air business and will help us establish a strong foothold in the growing EV and eMobility sector, said Rikant Pittie, EaseMyTrip's co-founder

Travel agency Easy Trip Planners to make electric buses; shares jump 14%
Updated On : 05 Sep 2024 | 4:11 PM IST

ixigo IPO to put spotlight on Easy Trip, Yatra; Are they worth your money?

ixigo share price: Analysts caution against chasing the momentum in the online travel agencies, given the cyclical nature of the travel industry

ixigo IPO to put spotlight on Easy Trip, Yatra; Are they worth your money?
Updated On : 20 Jun 2024 | 10:36 PM IST

Zomato, Paytm: What should investors do with new-age stocks? Analysts weigh

Shares of Zomato have soared 57 per cent so far in 2024, but those of Paytm have tumbled 46 per cent

Zomato, Paytm: What should investors do with new-age stocks? Analysts weigh
Updated On : 22 May 2024 | 10:02 AM IST

Laggards of 2023 scripting a rebound in 2024; Can the trend continue?

Borosil Renewable and EaseMyTrip can potentially rally up to 18% from present levels, while Adani Green and Epigral may consolidate, suggests technical charts.

Laggards of 2023 scripting a rebound in 2024; Can the trend continue?
Updated On : 11 Mar 2024 | 1:50 PM IST

Easy Trip Planners Q3 results: Net profit rises 9.56% to Rs 45.68 cr

Online travel services provider Easy Trip Planners Ltd on Friday reported a 9.56 per cent increase in consolidated net profit at Rs 45.68 crore in the third quarter ended December 31, 2023. The company had posted a consolidated net profit of Rs 41.69 crore in the same period last fiscal, Easy Trip Planners, which operates under the brand EaseMyTrip, said in a regulatory filing. Consolidated revenue from operations during the quarter under review stood at Rs 160.79 crore as against Rs 136.15 crore in the year-ago period, it added. Total expenses were higher at Rs 105.05 crore as compared to Rs 82.6 crore in the corresponding period a year ago, the company said. "Looking ahead, we're intensifying efforts to grow our air ticketing business and enhance our presence in non-air segments such as hotels, holidays, and transportation on a global scale," Easy Trip Planners Co-founder and CEO Nishant Pitti said. Also, he said, "We are expanding our retail footprints domestically and explorin

Easy Trip Planners Q3 results: Net profit rises 9.56% to Rs 45.68 cr
Updated On : 09 Feb 2024 | 4:33 PM IST

Easy Trip Planners gets board nod for raising funds up to Rs 1,000 cr

Online travel service provider Easy Trip Planners Ltd is planning to raise up to Rs 1,000 crore through a preferential issue. The board of directors of the company, at its meeting held on Tuesday, has given in-principle approval for the fundraising proposal, Easy Trip Planners, which operates under the brand EaseMyTrip, the company said in a regulatory filing. The company further said that the board's in-principle approval pertains to "identifying the optimum combination of equity shares and/or warrants convertible into equivalent number of equity shares of the company to be issued on preferential basis for raising funds up to Rs 1,000 crore." The exercise will be on such terms and conditions as may be determined by the board in accordance with SEBI regulations and other applicable laws and to identify the list of proposed allottees for the aforesaid purpose, it added.

Easy Trip Planners gets board nod for raising funds up to Rs 1,000 cr
Updated On : 02 Jan 2024 | 2:50 PM IST

Easy Trip Planners acquires 13.39% stake in Eco Hotels and Resorts

Online travel service provider Easy Trip Planners Ltd on Friday said it has acquired 13.39 per cent stake in Eco Hotels and Resorts in a share swap deal. The company's investment in equity shares of Eco Hotels India is swapped with equity shares of the latter in the ratio of 1:1, Easy Trip Planners, which operates under brand EaseMyTrip, said in a regulatory filing. Subsequently, it has acquired 40 lakh equity shares of Rs 10 each of Eco Hotels and Resorts issued on preferential basis, it added. "Our choice to invest in stakes aligns with our vision to contribute positively to the growth of eco-friendly and green hotels. This investment marks another milestone in our journey to diversify our portfolio and enhance the travel experiences we offer to our customers," EaseMyTrip Co-Founder and CEO Nishant Pitti said. Eco Hotels and Resorts Executive Chairman V K Tripathi said the stake sale is a calculative move towards expanding the company's horizons and to present its guests with "a

Easy Trip Planners acquires 13.39% stake in Eco Hotels and Resorts
Updated On : 22 Dec 2023 | 5:13 PM IST

Rajesh Exports, Brightcom: Trading strategies for top losers in 2023 so far

Among the Nifty 500 index losing pack so far, Rajesh Exports, Delta Corp and V-Mart Retail can potentially gain up to 15 per cent from current levels, charts show.

Rajesh Exports, Brightcom: Trading strategies for top losers in 2023 so far
Updated On : 01 Dec 2023 | 11:17 AM IST

Easy Trip Planners Q1 profit down 22% to Rs 26 cr, revenue at Rs 124 cr

Online travel service provider Easy Trip Planners Ltd on Monday reported a 21.82 per cent decline in consolidated net profit at Rs 25.9 crore for the June quarter. The company had posted a consolidated net profit of Rs 33.13 crore in the year-ago quarter, Easy Trip Planners, which operates under the brand EaseMyTrip, said in a regulatory filing. Consolidated revenue from operations during the first quarter of the current fiscal stood at Rs 124.05 crore, as against Rs 87.58 crore a year ago, it added. Total expenses were higher at Rs 91.56 crore, as compared to Rs 47 crore in the same period a year ago, the company said.

Easy Trip Planners Q1 profit down 22% to Rs 26 cr, revenue at Rs 124 cr
Updated On : 14 Aug 2023 | 4:56 PM IST

Easy Trip Planners in-principally approves acquisition of certain entities

The board also approved the appointment of legal advisers, merchant bankers, tax consultants, and other professionals

Easy Trip Planners in-principally approves acquisition of certain entities
Updated On : 08 May 2023 | 7:03 PM IST