Debt-free stock under Rs 20: Company and Sukoon Unlimited partner to enhance senior citizens’ travel experience
The company has a market cap of over Rs 4,400 crore with debt-free as of December 2024 and LIC owns a 2.36 per cent stake in the company.
EaseMyTrip has partnered with Sukoon Unlimited to create a travel experience specifically designed for senior citizens. This collaboration focuses on simplifying flight booking and travel for the elderly by offering personalized assistance, exclusive discounts, and priority services like wheelchair assistance and on-ground airport support. The aim is to make travel more accessible and comfortable, addressing the unique needs of older travellers.
Beyond travel logistics, the partnership extends to wellness. Sukoon Unlimited will provide complimentary pre- and post-travel consultations, ensuring seniors are physically and mentally prepared for their journeys. This holistic approach, combining travel convenience with health and well-being, underscores both companies' commitment to enhancing the travel experience for senior citizens. These benefits are now available to seniors’ booking flights through the EaseMyTrip platform.
About the Company
EaseMyTrip (a publicly listed company at NSE and BSE) is India’s one of largest online travel platforms in terms of air ticket bookings, based on the Crisil Report- Assessment of the OTA Industry in India, February 2021. Furthermore, growing at a CAGR of 47 per cent during FY20-24 in profits before tax, it is one of the fastest-growing internet companies. Bootstrapped and profitable since its inception, EaseMyTrip offers 'End to End' travel solutions including air tickets, hotels and holiday packages, rail & bus tickets as well as ancillary value-added services. EaseMyTrip offers its users the option of zero convenience fees during bookings.
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EaseMyTrip provides its users with access to more than 400 international and domestic airlines, over 2+ million hotels as well as train/bus tickets and taxi rentals for major cities in India. Founded in 2008, EaseMyTrip has offices across various Indian cities, including Noida, Delhi, Gurugram, Bengaluru and Mumbai. Its international offices (as subsidiary companies) are in the Philippines, Singapore, Thailand, the UAE, the UK, the USA and New Zealand
The shares of Easy Trip Planners Ltd were ex-traded on Friday, November 29, 2024, in a 1:1 bonus share issue. This means that if you purchased shares on or after this date, you would not be eligible for the bonus shares. The company has a market cap of over Rs 4,400 crore with debt-free as of December 2024 and LIC owns a 2.36 per cent stake in the company. The shares of the company have an ROE of 32 per cent and an ROCE of 43 per cent.
Disclaimer: The article is for informational purposes only and not investment advice.