#EASEMYTRIP 408 : Targets 425 & more in

#EASEMYTRIP https://www.tradingview.com/x/SIhq5Chi The hourly chart indicates 1. Flat support & falling trendline resistance (~Descending triangle pattern) 2. RSI Detached from the price action (forming lower lows & lower highs) (with high volumes) 3. RSI is still above 50 (sideways) 4. Volumes are very high on hourly time frame. 5. After a recent uptrend, is it distributing the equity or consolidating ? I see this as a distribution on hourly time frame. What is your view ?

https://www.moneycontrol.com/news/business/earnings/easy-trip-consolidated-march-2022-net-sales-at-rs-60-86-crore-up-5-95-y-o-y-8579951.html #EASEMYTRIP

ICICIdirect.com target on EASEMYTRIP Date: 28-Feb-22 Broker: ICICIdirect.com Price @ Call: 274 Target: 335 Potential: 22.26% Recommendation: BUY

Edelweiss target on EASEMYTRIP Date: 22-Nov-21 Broker: Edelweiss Price @ Call: 514 Target: 733 Potential: 42.61% Recommendation: BUY

ICICIdirect.com target on EASEMYTRIP Date: 12-Nov-21 Broker: ICICIdirect.com Price @ Call: 504 Target: 670 Potential: 32.94% Recommendation: BUY

#EASEMYTRIP will declare results on Nov 11, 2021 Do you have any view on the results? Let's aggregate whatever information we have from other sources for everyone's benefit.

*EaseMyTrip makes its first acquisition in 13 years to strengthen its hotel offerings* Traviate enables peer-to-peer transactions among hotels, online travel agencies, travel agents and others. The acquisition would result in better cost efficiency translated into cost savings for the customers. The company had doubled its net profit to ₹61.4 crore in the financial year 2021. Online travel platform Easy Trip Planner — which goes by the name EaseMyTrip — has acquired business-to-business travel marketplace Traviate. This is EaseMyTrip’s first acquisition. Traviate — founded in 2016 by Pranita Baveja — enables peer-to-peer (P2P) transactions among hotels, online travel agencies, travel agents and others. The company has over 1.2 million hotels listed on its platform and claims to have enabled more than 200,000 transactions since its inception. The five-year-old startup claims that 70% of the hotel’s inventory is sold by the business-to-business (B2B) channels. The acquisition would help EaseMyTrip scale up its hotel and holiday business, and also result in better cost efficiency translated into cost savings for the customers. “There is a synergy between EaseMyTrip and Traviate where we leverage cutting-edge technology to build a lean and efficient infrastructure,” Rikant Pittie, co-founder of EaseMyTrip said. EaseMyTrip — which has a market cap of ₹5,345 crore as of October 28 — aims to further strengthen its B2B offerings with this acquisition. Founded in 2008 by Nishant Pitti, Prashant Pitti and Rikant Pitti, EaseMyTrip offers deals on flight booking, hotels and holiday packages. The company has been one of the few bootstrapped startups to hit the public market and has been profitable as well. The company even doubled its net profit to ₹61.4 crore in the financial year 2021, when the entire travel segment was brought down to its knees due to COVID-19. Its revenue, however, declined to ₹150 crore from ₹181 crore reported in FY20. The company provides users access to more than 400 international and domestic airlines, over 1 million hotels as well as train/bus tickets and taxi rentals for major cities in India. It has set up offices in India, Philippines, Singapore, Thailand, UAE, UK and USA. #EASEMYTRIP

InterGlobe Technology Quotient, a leading travel technology provider today announce its agreement with EaseMyTrip, India's secondlargest online travel platform, to provide seamless access to ITQ's travel commerce platform - Travelport (1G). The agreement is worth $10 million as advance revenue from ITQ. "EaseMyTrip has grown over the years with our direct partnership," said Sandeep Dwivedi, Chief Operating Officer at InterGlobe Technology Quotient, "and with this agreement, new channels of growth and expansion will open up. As one of the fastest growing online travel platforms, EaseMyTrip has been at the forefront of travel booking and has become a household name. Our agreement along with the commitment to innovate and offer cutting-edge technologies will bring greater developments for both companies in the future." The association between EaseMyTrip and ITQ is over a decade old, starting in 2009. Speaking of the long-term association, Nishant Pitti, Co-founder and CEO of EaseMyTrip said, "This is an exciting turning point in our journey with ITQ and Travelport, and we are delighted about this new development. The advantages for both, our business and customers, will be huge and help transform our entire travel booking experience. With the gradual recovery of the travel sector, we believe that this agreement certainly presents impressive prospects for a promising future." Shares of Easy Trip Planners Limited was last trading in BSE at Rs. 593 as compared to the previous close of Rs. 583.65. The total number of shares traded during the day was 154878 in over 5140 trades. The stock hit an intraday high of Rs. 623 and intraday low of 572.7. The net turnover during the day was Rs. 92516999 #EASEMYTRIP

#EASEMYTRIP running today as well. now at 670-680. Watch for intraday uptrend

#EASEMYTRIP : Ease Trip is looking great for short term / long term from here. now trading at 518-520 level. its in bullish uptrend and looks strong for more uptrend from here. [Please like and share the post]

ICICIdirect.com target on EASEMYTRIP Date: 03-Sep-21 Broker: ICICIdirect.com Price @ Call: 482 Target: 600 Potential: 24.48% Recommendation: BUY

AnandRathi target on EASEMYTRIP Date: 01-Sep-21 Broker: AnandRathi Price @ Call: 444 Target: 550 Potential: 23.87% Recommendation: BUY

📌 Today's Buzzing Cash Stocks... 12/07/2021 #MOREPENLAB - Pharma stocks in Focus #EASEMYTRIP - demand recovery of tourism. #QUESS - News Reports #IDBI - extended deadline #DELTACORP - Reported Loss