Multibagger stock below Rs 50: This travel services company becomes official travel partner of World Padel League 2023!
The company has given stellar returns of 241 per cent from its listing date of March 19, 2021.
EaseMyTrip.com, the largest online travel platform in India, is experiencing rapid profit growth at a CAGR of 59 per cent from FY20 to FY23. The company offers a comprehensive range of travel solutions, including air tickets, hotels, holiday packages and more. With zero-convenience fees, users can enjoy seamless bookings. Founded in 2008, EaseMyTrip has a strong presence in India and international markets.
EaseMyTrip.com, a leading online travel tech platform in India, has become the official travel partner of the World Padel League 2023. This collaboration offers comprehensive travel solutions to players, officials and fans attending the highly anticipated league. The partnership also includes the flash interview backdrop, providing brand visibility during post-match interviews and reaching millions of Padel fans worldwide.
DSIJ offers a service 'Mid Bridge' with recommendations for Mid-Cap stocks based on research and analysis to help subscribers make informed investment decisions. If this interests you, then do download the service details pdf here
Additionally, on June 13, 2023, EaseMyTrip.com announced that it opened its first offline retail store in Jaipur, Rajasthan, as part of its expansion strategy. Through the franchise model, the brand aims to cater to offline customers and provide personalised meet and greet experiences. The store offers a range of premium services, including flight and hotel bookings, bus and railway ticket purchases, group fares, luxury vacations, cruises, charter packages and visa application assistance.
The company has given stellar returns of 241 per cent from its listing date of March 19, 2021. Additionally, the company has a ROCE of 54.6 per cent and a ROE of 46.9 per cent. Moreover, the company was able to grow its sales by 34 per cent (CAGR) and profit by 103 per cent (CAGR) for the past 5 years.
On Tuesday, shares of the company plunged by 0.43 per cent to Rs 44.07. Additionally, the stock experienced a spurt in volume by more than 5.28 times.
Investors should keep a close eye on this buzzing stock.