Easy Trip Planners promoter Rikant Patti has sold a 5.75% stake in the company, reducing his shareholding to 26.38%. The details of the deal were not disclosed. The other two promoters, Nishant Pitti and Prashant Pitti, did not participate in the sale. The company s shares dropped over 5% following the announcement. Easy Trip Planners is a major player in the online travel industry, offering various services including air ticket bookings. Despite the stock s low performance, it is still considered expensive based on its valuation.
EaseMyTrip share price: A total of 62.54 lakh shares changed hands today. The turnover on the counter stood at Rs 33.24 lakh on BSE. The company commanded a market capitalisation (m-cap) of Rs 9,499.92 crore.
Easy Trip Planners rose 15.88 per cent to hit a high of Rs 66.40 on NSE, taking its two-day rise to 39 per cent. The scrip went ex-split from face value of Rs 2 to Re 1 each. It also turned ex-bonus in the 3:1 ratio