EaseMyTrip Stock Today, February 18: 60% Surge on Rs 500 Cr Plan
The easemytrip share rallied about 60% in three sessions, including nearly 11% intraday on February 18, after Easy Trip Planners approved raising up to Rs 500 crore. The plan targets higher‑margin hotels and holidays, technology upgrades, and strategic opportunities. Heavy NSE bulk deals added momentum. Q3 saw a sharp year‑on‑year profit decline, but the raise signals balance sheet flexibility. We break down what powered the move, what to track in the issue, and how investors in India can approach near‑term volatility.
Continue Reading on Meyka
This article is available in full on our main platform. Get access to complete analysis, stock insights, and more.
Read Full Article →