Welcome to ShareKingz.com – your window into the stock market’s world! Today, we’re exploring Easy Trip Planners Limited, or EaseMyTrip, a real mover and shaker in the online travel agency scene.
Founded in 2008 with the goal of making travel bookings a breeze, EaseMyTrip has not only stayed profitable year after year but has also become a major player in both the Indian and international travel markets.
In this blog, we’re diving deep into Easy Trip Planners. We’ll check out its past performance, financial stats, and where it’s headed. Plus, we’ll map out its share price targets from 2024 to 2050.
Whether you’re a seasoned investor or just getting started in the stock market, our aim is to give you valuable insights and practical advice. So, let’s hop on this journey together, and uncover what the future holds for this dynamic company in the world of stocks!
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Easy Trip Share Price Target 2024 to 2050
Now, let’s take a closer look at Easy Trip Planners’ expected share prices for the coming years, and we’ll even peek into the long-term projections all the way to 2050.
However, it’s important to remember that predicting the stock market is a bit like forecasting the weather – it can be unpredictable. These projections rely on historical performance, industry trends, and many other factors that affect the stock market. But, just like weather forecasts can sometimes be wrong, so too can stock market predictions.
So, it’s wise to always manage your risk carefully and make informed decisions.
![Easy Trip Share Price Target 2024 to 2050](https://sharekingz.com/wp-content/uploads/2023/09/easy-trip-share-price-target-1024x588.webp)
Year | EaseMyTrip Share Price Target |
2024 | Rs. 70 |
2025 | Rs. 98 |
2026 | Rs. 107 |
2027 | Rs. 134 |
2028 | Rs. 179 |
2029 | Rs. 216 |
2030 | Rs. 235 |
2031 | Rs. 297 |
2032 | Rs. 362 |
2033 | Rs. 500 |
2034 | Rs. 614 |
2035 | Rs. 731 |
2036 | Rs. 833 |
2037 | Rs. 1,025 |
2038 | Rs. 1,199 |
2039 | Rs. 1,391 |
2040 | Rs. 1,558 |
2041 | Rs. 1,761 |
2042 | Rs. 2,342 |
2043 | Rs. 2,740 |
2044 | Rs. 3,316 |
2045 | Rs. 4,144 |
2046 | Rs. 4,973 |
2047 | Rs. 5,769 |
2048 | Rs. 6,461 |
2049 | Rs. 8,012 |
2050 | Rs. 9,214 |
About Easy Trip Planners Limited (EaseMyTrip)
Meet EaseMyTrip, the game-changer in the online travel agency arena. Established in 2008, this company embarked on a mission to simplify travel bookings for small B2B agents.
Their claim to fame? Being the only profitable player in their sector, year after year. What’s their secret? A streamlined organizational structure and a unique business model catering to both online and offline customers.
EaseMyTrip’s ingenious marketing strategy not only reaches a wide customer base but also nurtures customer loyalty. Their core mission? To provide valuable travel services at competitive, transparent rates.
With a footprint in every corner of India and fully-owned offices in global hubs like Singapore, Dubai, and London, EaseMyTrip is making waves both domestically and internationally.
Easy Trip Stock Analysis
Data As of 7th February 2024
Current Market Price | Rs. 52.7 |
Market Cap | Rs. 9,339 Crore |
P/E Ratio | 58.3 |
EPS | 0.92 |
52 Week High | Rs. 53.6 |
52 Week Low | Rs. 37 |
Book Value | Rs. 3.46 |
Dividend Yield | 0.19% |
ROCE | 54.6% |
ROE | 46.9% |
Promoters Holding | 64.30% |
FIIs Holding | 2.18% |
DIIs Holding | 2.35% |
Public Holding | 31.16% |
Easy Trip Planners stands out as India’s second-largest and only consistently profitable online travel portal. Over time, it’s achieved remarkable growth in both sales and profits. Here’s a quick look at its growth rates:
Sales Growth: Over the past decade, sales have seen a minor dip of -3%. However, things have been on the rise in recent years, with a 34% growth over the last 5 years, an impressive 45% in the previous 3 years, and an astounding 57% in the most recent Trailing Twelve Months (TTM).
Profit Growth: The company’s profit growth is equally impressive. It has recorded a 52% growth rate over the past decade, a staggering 103% in the last 5 years, a solid 64% in the previous 3 years, and a commendable 11% on a TTM basis.
These robust figures underscore Easy Trip Planners’ strong fundamentals and suggest a promising outlook for continued growth.
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Factors Affecting Easy Trip Stock Price
Investing in the stock market can be quite a rollercoaster ride, primarily because share prices are influenced by a multitude of factors. Now, let’s take a closer look at what might sway the stock price of Easy Trip Planners:
Market Sentiment
One of the big drivers here is investor sentiment. If there’s good news, like the company expanding its business or posting strong financial results, investors tend to feel confident and push stock prices higher. But if there’s negative news, you guessed it, the opposite can happen.
Earnings and Profitability
This one’s a no-brainer. When a company’s earnings per share (EPS) are on the rise, and it’s showing strong profits, investors are naturally drawn in. It’s like a magnet for them, and this can drive stock prices upward.
Industry Trends
Take a step back and look at the bigger picture—the performance of the entire online travel agency industry. If it’s thriving, and there’s a growing demand for online booking services (which is the trend these days), then Easy Trip’s stock price can get a nice boost.
Competitive Positioning
Easy Trip’s place in the market matters. It’s currently the second-largest and only consistently profitable online travel portal in India. If it can hold onto that spot or even steal some market share from competitors, it can definitely impact how investors feel about the stock.
Macroeconomic Factors
Don’t forget the big economic picture. Things like inflation rates, interest rates, and currency exchange rates can all have an effect on Easy Trip’s financial performance and, in turn, its stock price.
FAQs Related to EaseMyTrip Share Price Target
Why is the Easy Trip share falling?
Following the listing of EaseMyTrip stock on the exchanges, we witnessed an enormous rally. However, this meteoric rise led to share prices reaching levels that couldn’t be justified by the company’s fundamentals. As a result, we saw a correction in the stock price to bring it back in line with more reasonable valuations.
Is EaseMyTrip share good to buy?
Easy Trip Planners boasts solid fundamentals, making it an attractive investment prospect. Nonetheless, thorough analysis is essential before committing your capital, and it’s crucial to invest in accordance with your risk management strategy.
Conclusion
Remember, though, the stock market isn’t exactly a crystal ball. Predicting what’ll happen next is like trying to forecast the weather—it’s a bit unpredictable. So, if you’re thinking of investing, do your homework, consider these factors, and think about how much risk you’re comfortable with. Oh, and it’s always a good idea to diversify your investments to spread the risk. Happy investing!
Disclaimer: Any information provided on this website is for educational purpose only. It is not a share buying or selling recommendation.
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