1:1 bonus share: Debt-free stock under Rs 20; Company Launches EasyVijay: A Groundbreaking Initiative Bringing Battlefield Tourism to Life
The company has a market cap of over Rs 4,800 crore with debt-free as of December 2024 and LIC owns a 2.36 per cent stake in the company.
On Monday, the shares of Easy Trip Planners Ltd plunged 5.71 per cent to Rs 13.70 per share from its previous closing of Rs 14.53 per share. The stock is down by 49.3 per cent from its 52-week high of Rs 27 per share.
EaseMyTrip.com, a leading online travel platform in India, launched EasyVijay, a new initiative in battlefield tourism. EasyVijay allows travellers to step into history by offering curated tours to iconic battlefields in India and around the world. This initiative provides more than just a visit to these historic sites; it creates immersive experiences through storytelling, curated tours, and interactions with veterans and defence experts. Travellers can choose from physical travel packages to historic war zones or virtual battlefield tours powered by VR and AR technology.
To make every journey unique, AI-powered personalization curates itineraries based on individual preferences, offering interactive storytelling and deep insights into each location's significance. EasyVijay also hosts exclusive dining events where travellers can engage with war veterans, military strategists, and historians. These interactions provide firsthand insights into the battles that shaped history, fostering a profound connection to the past while making each journey both meaningful and unforgettable.
EaseMyTrip continues to set benchmarks in offering comprehensive travel solutions, including air tickets, hotels, holiday packages, and more. Alongside EasyVijay, the company also offers EasyDarshan, a platform for spiritual travellers, and Explore Bharat, a program for overseas enthusiasts to explore India's culture, architecture, wildlife, and more.
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About the Company
EaseMyTrip (a publicly listed company at NSE and BSE) is India’s one of largest online travel platform 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.
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 4,800 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.