Stock of Interest

Posted On: July 13, 2023

Stock Report : EASYMYTRIP (NSE) 12 Jul 2023

EaseMyTrip is a New Delhi-based travel agency company founded in 2008 by Nishant Pitti and Rikant Pitti. It offers a range of travel services, including flights, hotels, and holiday packages. The company’s stock, listed as EASEMYTRIP on the NSE, currently stands at ₹41.30 (+0.24%). EaseMyTrip has subsidiaries such as Easemytrip Middleeast DMCC and MORE. It has a dedicated customer service helpline at 011 4313 1313. The company’s success is attributed to its customer-centric approach and commitment to delivering exceptional travel experiences. EaseMyTrip has expanded its reach and presence through its subsidiaries, including Easemytrip Middleeast DMCC and MORE. These subsidiaries enable the company to cater to a broader customer base and provide tailored services for different regions.

xCalData predicts that EASTMYTRIP will continue its bearish phase over the next five days and trend within the range of 42 to 40.

In comparison to the previous month, the price of the stock has declined 9.65% suggesting a bearish sentiment in the market.

The Stock has doubled twice since 20 Apr 2021 and took an average of 0.5 years to double.

Majority of the technical ratios trend towards bearish side of the spectrum. Only 1 of the technical indicators namely ASI indicate bullish view.

Collectively, xCalData suggests the stock would be in Bearish zone for this week ending 15^th July.

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Disclaimer: The securities quoted are for illustration only and are not recommendatory.