This multibagger stock is likely to announce bonus issue and stock split; share jumps over 7 per cent!
Moreover, it has recorded the highest single trading session volume since September 21.
The stock of Easy Trip Planners Ltd is buzzing on the bourses as it has jumped over 7 per cent along with robust volumes. Moreover, we are just an hour into Tuesday's trading session and the stock has already surpassed its prior trading session’s volume. Moreover, it has recorded the highest single trading session volume since September 21.
So, what’s stoking this strong upmove in the stock? It’s really a festive bonanza announcement made by the company. The company has informed that a meeting of its board of directors is scheduled to be held on October 10 (Monday) at 10 am for considering the proposal for the increase in authorised share capital, issue of bonus shares, and stock split.
Easy Trip Planners is one of the stocks that have performed miraculous levitation. The stock has risen over five-fold in less time than it takes Stephen King to pen another thriller! The stock is up by nearly 515 per cent on a YTD basis and jumped 451 per cent in the last one year, which made this stock a multi-bagger! Meanwhile, the stock has climbed 9.33 per cent, 8.27 per cent & 2.90 per cent in a timeframe of one week, one month, and three months, respectively. So, basically, on every yardstick of the timeframe, the stock turned out to be green!
Talking about the FIIs and DIIs holding in the stock, the FIIs hold 3.44 per cent, which is up by 0.64 per cent in the last quarter while DIIs have added 1.22 per cent during the same time period. Besides, the stock has an RoE of 52.9 per cent