Multibagger Stock in Focus as Company Becomes Associate Sponsor of Delhi Capitals for Men’s & Women’s Teams for 2025 T20 Cricket Series

The stock gave multibagger returns of 370 per cent in just 1 year and a whopping 12,300 per cent in 5 years.

On Tuesday, shares of Eraaya Lifespaces Limited surged 2.77 per cent to Rs 102 per share from its previous closing of Rs 99.25 per share. The stock’s 52-week high is Rs 316.90 per share and its 52-week low is Rs 19.76 per share.

Eraaya Lifespaces Limited's Indian subsidiary, Ebix Travels Private Ltd., has partnered with the Delhi Capitals as an Associate Sponsor for the 2025 T20 cricketing season, covering both men's and women's teams. This collaboration marks a significant event in Indian T20 cricket, linking Ebix, a leading technology and financial exchange company, with one of the league's most exciting teams. The sponsorship agreement provides Ebix with substantial brand visibility and engagement opportunities throughout the season, including prominent placement on marketing materials. This builds on a previous partnership in 2019, demonstrating the value Ebix sees in associating with the Delhi Capitals brand.

This sponsorship offers several strategic advantages for Ebix. The T20 series, a globally watched sporting event, provides high brand exposure, connecting Ebix with millions of potential customers in India and internationally. Cricket's strong cultural appeal in India makes this sponsorship an effective brand engagement tool, strengthening Ebix's credibility and customer trust by associating with a dynamic team. This move aims to reinforce brand recall and deepen consumer engagement, positioning Ebix as a preferred choice in the digital payments, financial services, and technology sectors.

The partnership also supports Ebix's business expansion by leveraging the T20 series' widespread influence. With the growing adoption of digital transactions and fintech solutions in India, the series is an ideal platform to drive product awareness and market penetration. Ebix plans to promote its services, including remittances, prepaid cards, travel solutions, payment processing, and financial exchanges, to both retail and corporate customers. This sponsorship differentiates Ebix Travels from competitors, influences consumer preference, and positions the company as a fintech leader, ultimately driving long-term business growth through increased customer acquisition, higher transaction volumes, and greater business expansion opportunities.

About the Company

Eraaya Lifespaces Limited, a leading lifestyle and hospitality company renowned for its luxurious and culturally rich experiences, is embarking on a strategic expansion. Building on its success in creating unforgettable journeys, Eraaya seeks to diversify its portfolio through mergers and acquisitions. This ambition was recently realized with the acquisition of Ebix Inc. USA and its global subsidiaries in June 2024. This significant acquisition, valued at USD 361 Million, marks a pivotal moment for Eraaya as it ventures into new business domains, driving innovation, and creating value for all stakeholders while navigating the dynamic and evolving market landscape.

Eraaya Lifespaces Limited has declared a 10:1 stock split. This means that each existing share with a face value of Rs 10 will be divided into ten new shares, each with a face value of Re 1. The ex-date for the stock split was Friday, December 06, 2024. In October 2024, FIIs bought 5,24,093 shares and increased their stake to 26.31 per cent compared to a 24.21 per cent stake in September 2024.

The company has a market capitalisation of Rs 1,800 crore and a 400 per cent 3-year stock price CAGR. The stock gave multibagger returns of 370 per cent in just 1 year and a whopping 12,300 per cent in 5 years. As of December 2024, the company's promoters own 35.17 per cent stake, FIIs own 22.63 per cent, DIIs own 1.84 per cent and the rest 40.41 per cent stake is owned by the public.

Disclaimer: The article is for informational purposes only and not investment advice.