{"id":135783,"date":"2024-10-09T16:08:44","date_gmt":"2024-10-09T10:38:44","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=135783"},"modified":"2024-10-09T16:19:44","modified_gmt":"2024-10-09T10:49:44","slug":"financially-strong-stock-jumps-5-after-companys-board-to-consider-bonus-shares","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/financially-strong-stock-jumps-5-after-companys-board-to-consider-bonus-shares\/","title":{"rendered":"Financially strong stock jumps 5% after company&#8217;s board to consider bonus issue"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3048694925\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Financially strong stock engaged in the business of offering a range of travel-related products and services jumped upto 5 percent in the day\u2019s trade upon declaring an intention to issue bonus shares of the company.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2789604704\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Price Action&nbsp;<\/strong><\/h2><p>With a market capitalization of Rs. 6,054 Crores, the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/EASEMYTRIP\" target=\"_blank\" rel=\"noreferrer noopener\">Easy Trip Planners Limited<\/a><\/strong> were trading at Rs. 34.18 per equity share, up 3.67 percent from its previous day\u2019s close price of Rs. 32.97.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened&nbsp;<\/strong><\/h2><p>The board of directors of Easy Trip Planners Limited engaged in the business of offering a range of travel-related products and services, are scheduled to meet on Monday, October 14, 2024, to consider and approve the issue of bonus shares of the company.&nbsp;<\/p><p>In Addition, Easy Trip Planners Limited has announced the resumption of bookings to the Maldives looking at improved bilateral ties between both governments and following a constructive discussion with the Ministry of Tourism of Maldives.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-3124072439\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Also Read: <a href=\"https:\/\/tradebrains.in\/features\/steel-stock-jumps-3-after-signing-agreement-with-ntpc-for-procurement-of-iron-ore-lump\/\" target=\"_blank\" rel=\"noreferrer noopener\">Steel stock jumps 3% after signing agreement with NTPC\u00a0for procurement of iron ore lump<\/a><\/strong><\/p><\/blockquote><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the Company&nbsp;<\/strong><\/h2><p>Easy Trip Planners Limited is engaged in the business of offering a range of travel-related products and services like reservation and booking services for travel, hospitality, tourism, and many more under its flagship brand called Ease My Trip.&nbsp;<\/p><p>Easy Trip Planners Limited is India\u2019s second-largest online travel agency serving over 20 million satisfied customers. It has an extensive network encompassing 400+ international and domestic airlines, 61,000+ travel agents, and 6+ franchise outlets.&nbsp;<\/p><p>Easy Trip Planners Limited\u2019s gross booking revenue breakdown is as follows, Flights 88.9 percent, hotel and holiday packages 9.3 percent, Train, Buses, and Others 1.8 percent.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials &amp; Ratios&nbsp;<\/strong><\/h2><p>Its Revenue from operations grew by 23 percent YoY from Rs. 124 Crores in Q1FY24 to Rs. 153 Crores in Q1FY25, accompanied by profits of Rs. 26 Crores to Rs. 34 Crores.&nbsp;<\/p><p>In terms of Return ratios, it has reported a return on equity (ROE) of 35.42 percent and a return on capital employed (ROCE) of 25.18 percent. It has a debt-to-equity ratio of 0.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Also Read: <a href=\"https:\/\/tradebrains.in\/features\/it-stock-hits-20-upper-circuit-after-receiving-order-worth-331-61-cr-from-the-govt-of-maha\/\" target=\"_blank\" rel=\"noreferrer noopener\">IT stock hits 20% upper circuit after receiving order worth \u20b9331.61 Cr from the Govt of Maha<\/a><\/strong><\/p><\/blockquote><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Bharath K.S<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading has-medium-font-size\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-content-10\" id=\"trade-82551031\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"trade-after-content\" id=\"trade-2482525782\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Financially strong stock engaged in the business of offering a range of travel-related products and services jumped upto 5 percent in the day\u2019s trade upon declaring an intention to issue bonus shares of the company.&nbsp; Price Action&nbsp; With a market capitalization of Rs. 6,054 Crores, the shares of Easy Trip Planners Limited were trading at [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":97246,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[5135,13360,5140,19052,948,936,2597],"class_list":["post-135783","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-easy-trip-planners","tag-easy-trip-planners-latest-news","tag-easy-trip-planners-share-price","tag-financially-strong-stock","tag-stock-market","tag-stock-market-news","tag-stocks-to-watch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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