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Shares of Easy Trip Planners went down 9.9% in Tuesday’s trading on the BSE, getting to an intraday reduced of Rs 15.36 per share
Easy Trip Planners shares endure sharp decrease
Shares of Easy Trip Planners went down 9.9% in Tuesday’s trading on the BSE, getting to an intraday reduced of Rs 15.36 per share. The decrease came in the middle of hefty marketing, with 17.15 million shares transforming hands on BSE and 143.3 million shares on the NSE. Details pertaining to the customers and vendors are not yet readily available.
In contrast, the BSE Sensex dropped 0.65% to 77,739.79. The firm’s market capitalization stood at Rs 5,553.58 crore. Its 52-week high was Rs 27 per share, while the 52-week low was Rs 14.23 per share.
Reports show that the firm’s marketer, Nishant Pitti, is wanting to offer his whole 14.21% risk in the firm via block offers, with a flooring rate evaluated Rs 15.6 per share.
In September, Nishant Pitti had actually currently marketed a 14% risk in Easy Trip Planners for Rs 920 crore via competitive market purchases. According to bulk offer information from the NSE, Pitti marketed 246,549,833 shares, standing for a 14% risk, at rates varying from Rs 37.22 to Rs 38.28 per share, amounting to Rs 920.06 crore.
Following this risk sale, Nishant Pitti’s keeping in the firm reduced to 14.22% from 28.13%. The marketers’ consolidated risk additionally was up to 50.39% from 64.30%. As of September, various other marketers, Prashant Pitti and Rikant Pittie, hold 10.29% and 25.88% risks, specifically.
Easy Trip Planners is an Indian travel bureau providing trip, resort, and vacation plan reservations, in addition to traveling monitoring solutions for both recreation and company tourists.
Over the previous year, Easy Trip Planners’ shares have actually dropped by 15.7%, while the Sensex has actually increased by 8.2%.
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