Stock under Rs 50: This online travel tech company signs MoU with Uttar Pradesh EcoTourism Development Board; details inside!
The stock is up by 12 per cent from its 52-week low of Rs 37.01 per share.
Easy Trip Planners Ltd, India’s leading online travel tech platform has signed a Memorandum of Understanding (MoU) with the Uttar Pradesh EcoTourism Development Board (UPETDB) under the Government of Uttar Pradesh, in charge of executing promotional and tourism activities. The MoU was signed in the presence of UP’s Minister of Forest and Environment, Zoological Garden, Climate Change, Shri Arun Kumar Saxena and Minister of Ayush, Food Security, and Drug Administration, Shri Dayashankar Mishra
The objective of the MoU is to foster a strategic partnership aimed at elevating the promotion and development of tourism in Uttar Pradesh. This partnership will leverage EaseMyTrip's extensive reach and technological expertise to highlight Uttar Pradesh’s rich eco-tourism offerings.
Under this collaboration, EaseMyTrip will actively promote all registered homestays in Uttar Pradesh on its online portal. The brand will also execute a dedicated promotional campaign to position homestays as a distinctive and preferred accommodation option for travellers visiting the state. Additionally, EaseMyTrip will develop educational products related to bird sanctuaries, drawing insights from successful case studies such as Okhla Bird Sanctuary and Bharatpur Bird Sanctuary. These products will be promoted in schools, colleges, and other institutions through advanced tour guides. These tour guides will have access to training programs which will be officially registered under UPETDB and designed by EaseMyTrip to enhance the tourist experience.
EaseMyTrip will also curate and market bespoke tourism packages showcasing Uttar Pradesh's unexplored destinations, cultural experiences, culinary delights, and traditional crafts. These packages will feature homestays as an integral component of the overall tourism experience and will promote the state's tiger reserves, including Dudhwa, Pilibhit, Amangarh, and Ranipur Tiger Reserve. The UPETDB will actively support the promotion of microsites developed by EaseMyTrip on all relevant social media channels, leveraging its extensive reach and influence.
Also Read: Rs 1,400 crore order book: Multibagger defence drone stock hit upper circuit & 52-week high; Mukul Agrawal owns 10,00,765 shares!
About Easy Trip Planners Ltd
A publicly traded Indian travel platform, EaseMyTrip is one of the largest for air ticketing and among the fastest-growing internet companies. Founded in 2008 and profitable since the beginning, they offer flights, hotels, holidays, rail & bus tickets and other travel needs with no convenience fees. They connect users to over 400 airlines, 2 million hotels, and various local transportation options, operating in India with offices in major cities and internationally through subsidiaries.
Today, shares of Easy Trip Planners Ltd gained 0.56 per cent to Rs 41.44 with an intraday high of Rs 42.05 and an intraday low of Rs 41.11. The company has a market cap of Rs 7,343 crore. The stock is up by 12 per cent from its 52-week low of Rs 37.01 per share. Investors should keep an eye on this stock.
Disclaimer: The article is for informational purposes only and not investment advice.
DSIJ’s ‘Flash News Investment' weekly Newsletter recommends profit-making ideas for you based on fundamental and technical analysis. If this interests you, do download the service details here.
Related articles
-
Multibagger penny stock under Rs 10 & Promoter bought 41,21,05,050 shares; Board announces 5:1 stock split!
-
5:1 stock split announced & 30 per cent from its 52-week low: FIIs bought 14.45 per cent stake & DIIs bought 4.95 per cent stake in FY24
-
Low PE & high ROE stock under Rs 130 in green as the company from IT-Software sector acquires Grenew DMCC, Dubai – details inside!
-
Heavy buying is witnessed in this multibagger penny stock under Rs 60 and promoters & FIIs increase their stake: Surging over 6 per cent today; watch out!
-
Penny stock under Rs 10: This animal feed company signs MoU with Avalon Energy Group LLC, USA
-
Multibagger from its 52-week low: This micro-cap IT-company expands its supply chain finance platform with a strategic stake in Regime Tax Solutions through its subsidiary
-
Penny stock at Rs 5.04 and promoters & FIIs increase stake: This small-cap company plan support agreement for the acquisition of 100 per cent of the equity of Ebix Inc
-
Stock in Focus: This Multibagger Micro-Cap Company Achieves Major Milestone with UNICEF; details inside!
-
Penny Stocks: Stocks likely to be in focus tomorrow!
-
This EV Bus Manufacturer Partners with MUON India, a Macquarie Group Company, for 2,000 Electric Buses; Stock Surges Over 120 per cent in Just 1 Year!
-
President of India’s portfolio sold 13,62,52,479 shares of this multibagger stock; Company signs MoU with India Infrastructure Finance Company Ltd
-
Rs 20,400 crore order book & FIIs increase stake: Civil construction stock rockets over 17 per cent in just 1 day with heavy volume!
-
President of India-backed railway logistics company signs an MoU with Shipping Corporation of India Ltd – know more here!
-
Debt-free drone company signs MoU with Chennai’s Zuppa Geo Navigation Technologies Pvt Ltd; details inside!
-
Debt-free drone company announce strategic partnership with Airbots Aerospace Technologies Private Limited; details inside!
-
1:2 bonus shares & Rs 3.75/share dividend announced: President of India-backed multibagger oil company signs agreement with Numaligarh Refinery Ltd (NRL)
-
Solar manufacturer signs MoU for capacity expansion with Rs 700 million investment, FIIs purchased stock for the first time, hits upper circuit today!
-
Penny stock under Rs 10: This animal feed company signs MoU with Unati Agri Allied & Marketing Multi-State Cooperative Society Ltd (UAMMCL)
-
LIC-backed penny stock under Rs 60: This micro-cap company enters into an MOU with Biogenix Inc Pvt Ltd
-
Multibagger PSU energy company signs MoU to develop renewable energy park and projects; President of India holds 51.10 per cent stake!