Shares of Straightforward Journey Planners, which listed on Dalal Avenue final 12 months at Rs 212.25 on NSE in March final 12 months, ended the day 3.8 per cent decrease at Rs 393.50.
The smallcap inventory which hit a 52-week low of Rs 261 in March this 12 months has rallied round 47 per cent on a year-to-date foundation.
In its June quarter consequence, the travel-tech startup reported a 125 per cent rise within the web revenue to Rs 33.7 crore as in comparison with a web revenue of Rs 14.9 crore in the identical quarter the earlier 12 months.
The earnings for the net flight and lodge companies supplier, which operates underneath the model title of EaseMyTrip, had been supported by a powerful demand restoration within the world journey section.
“We now have witnessed robust restoration in demand throughout our segments and are optimistic of the demand situation going ahead on the again of the ‘No Comfort Payment’ technique, deeper web penetration and rising demand for air journey and lodges on account of greater revenue ranges and the reopening of the economic system,” Straightforward Journey had stated in its investor presentation final week.
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