Easy Trip Planners Limited

Easy Trip Planners Ltd on Wednesday reported a 23.4 per cent decline in consolidated net profit at Rs 23.34 crore for the fourth quarter ended March, impacted by lower revenue and higher expenses.

The management asserts that strong demand uptick will bolster the travel industry.

Banking shares may see some action after four banks hiked deposit rates in the last one week, an indication that the interest rate cycle has turned amid uptick in loan demand.

The three IT majors - Infosys, TCS and Wipro shall react to the Q3 earnings reported on Wednesday after market hours this morning.

Shares of Easy Trip Planners Ltd were trading at Rs 426.85 on BSE on Tuesday, up 1.81 per cent from the previous close.

Tide Water Oil was locked in the upper circuit for the second straight day, up 5 per cent at Rs 12,030.80 after the company announced a 1:1 bonus, Rs 200 dividend, and a stock split from Rs 5 to Rs 2

Easy Trip Planners have rallied 127% in the past one month on anticipation that pent up demand would boost the travel and tourism segment

At the bourses, 'unlock trade' has been playing out well over the past few weeks with stocks from the related sectors on a run

The company is anticipating the pent up demand to boost the travel and tourism segment post ease in travel restrictions, and vaccination drive carried out by the government

Easy Trip Director Prashant Pitti is sanguine, even though his firm, which operates EaseMy­Trip.com, gets more than 90% of its revenue from selling airline tickets

Poor showing by Anupam Rasayan and Easy Trip hurts grey market premia of those in queue

Half a dozen companies are to make their trading debut this month, but the market is already lukewarm

As per grey market watchers, the premium for Anupam Rasayan, whose shares are set to debut on the bourses tomorrow, has slipped by over 75 per cent

Hotels and resorts in tourist places in Maharashtra have seen up to 30 per cent rise in cancellations and new bookings even as the state reports the sharpest increase in new Covid-19 cases

The listing was muted compared to the oversubscription seen during the IPO

The issue price is Rs 187

Mood on D Street changed after Moody's Analytics said India's economy is likely to grow by 12 per cent in CY2021 following a 7.1 per cent contraction last year

The weekly chart of Thomas Cook shows a consolidation breakout above Rs 40, indicating a positive outlook from a medium-term scale

The stock, which got listed at Rs 212 on the National Stock Exchange, hit the level of issue price (Rs 187) on the NSE in the intra-day trade

Shares of Reliance Industries and Future Group companies could react after the Delhi High Court upheld the Emergency Award that Amazon had won against Future Retail-RIL deal