EaseMyTrip shares rallied over 77% to ₹16.60 in early trade after co-founder Nishant Pitti clarified his intentions behind a recent stake sale. Pitti assured stakeholders that neither he nor the other promoters, Rikant and Prashant Pitti, will sell any further shares in 2025, despite the recent sale of a 1.4% stake.
Key Highlights:
- Stake Sale Clarification: Nishant Pitti confirmed on X (formerly Twitter) that his 14.2% stake in EaseMyTrip was “never on the block” and that the recent sale of 1.4% was for personal strategic requirements.
- Commitment to Ownership: The promoters reiterated their commitment to maintaining close to 50% ownership of the company.
- Promoter Confidence: “This does not reflect any lack of confidence in EaseMyTrip’s bright future,” Pitti assured, emphasizing the company’s strong growth trajectory under Rikant’s leadership.
Easy Trip Planners Share Price history
| Day | Open | Close | Change % |
|---|---|---|---|
|
Fri, Jan 3 2025
|
₹15.37
|
₹15.51
|
|
|
Thu, Jan 2 2025
|
₹15.67
|
₹15.33
|
-2.42%
|
|
Wed, Jan 1 2025
|
₹15.86
|
₹15.71
|
-0.95%
|
|
Tue, Dec 31 2024
|
₹15.71
|
₹15.86
|
-6.92%
|
|
Mon, Dec 30 2024
|
₹16.52
|
₹17.04
|
|
|
Fri, Dec 27 2024
|
₹16.89
|
₹16.53
|
-2.25%
|
|
Thu, Dec 26 2024
|
₹16.44
|
₹16.91
|
|
|
Tue, Dec 24 2024
|
₹16.60
|
₹16.47
|
-0.90%
|
TOPICS:
EaseMyTrip