Friends, Easemytrip company has given returns of up to 35% to its investors in the last 1 year. For this reason many investors are thinking of investing in this company. Before investing in any company, you should understand the fundamentals of that company very well, so today in this article we will analyze the business of Easemytrip company and tell you the future Easemytrip Share price target 2023, 2024, 2025, 2026, 2030. , How will be the share price and company performance by 2040? This is explained so that you can get information about investing in this company.
Easemytrip Share price target 2023?
Easemytrip runs an online traveling portal. This company provides the facility of online airplane ticket booking, bus ticket booking, railway ticket booking, hotel room booking to its customers through online traveling portal. This company was established in 2008, the head quarter of the company is located in New Delhi. The market capital value of this company is Rs 6785 crore. The company is mainly working in tourism sector.
Easemytrip is providing its customers the facility to book all types of tickets online while traveling. The company is performing well in the online ticket booking sector, the price of the company's shares seems to be increasing continuously. The company's share price has seen an increase of 2% in the last 1 month. Apart from this, the Return on Equity (ROE) ratio of this company is 41.24% which is much better than normal. In future the price of shares of this company will be like this.
Easemytrip Share price target 2024?
Easemytrip Planners is providing all kinds of facilities related to tourism and travel to its customers through its main brand EaseMyTrip. The main business of the company is related to online ticket booking. If we look at the share of online booking in the total income of this company, then 94% of the total income of the company comes from online airplane ticket booking.
The remaining 6% comes from hotel booking, rail ticket booking, bus ticket booking. This means the company is performing very well in online airplane ticket booking. The overall performance of this company is good, but the company's earnings to share ratio is 0.73 which is much lower than normal. In future the price of shares of this company will be like this.
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Easemytrip Share price target 2025?
Easemytrip company is trying to provide all kinds of facilities related to travel and tourism industry to its customers to expand its business. The company is trying to update its business with new technology from time to time. Now, apart from the facilities related to travel and tourism industry, this company is also going to provide facilities like travel insurance, visa processing, regional airline, bus service to its customers.
The company is making every successful effort to increase its revenue, but since the dividend yield of the company is 0, its impact on the company's profit is clearly visible. This company is completely debt free, this increases the expectation of good performance of the company in future. In future the price of shares of this company will be like this.
Easemytrip Share price target 2026?
The distribution network of Easemytrip company is stronger than other companies. The company is providing the same facilities to its customers offline as it provides online facilities. The company has more than 60000 agents, who are providing every facility related to travel and tourism to the customers through the company. Due to providing good facilities, the Industry P/E ratio of this company has become 29.47. The company has maintained a strong hold in the travel and tourism sector. In future the price of shares of this company will be like this.
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Easemytrip Share price target 2030?
Despite some important figures of Easemytrip company being bad, the company has given returns of up to 35% to its investors. The company's profit seems to be increasing year after year. The operating profit margin of this company is 46.70% and the net profit margin is 37.85%. Both the profit margins of the company are quite good, perhaps that is why the company is able to generate good profit every year. There are many companies working in the travel and tourism business sector, but most of the customers are choosing this company because the online ticket booking process of the company is quite easy. In future the price of shares of this company will be like this.
Easemytrip Share price target 2040?
The number of investors in Easemytrip company has been continuously increasing for some time. In the last two years, the company has given good returns to its investors, that is why the number of investors in the company is continuously increasing. If we look at the share holding pattern of this company, the promoters' stake in the company is 71%. The share of foreign investors is 2 percent and the share of retail investors is 23%. Easemytrip company is soon going to provide many facilities other than online ticket booking on its platform. In future the price of shares of this company will be like this.
Easemytrip Share Price Future?
Looking at all the fundamentals of Easemytrip company, it is clear that the revenue of the company is coming from airplane ticket booking. Other facilities provided by the company are not making much difference to the company's revenue. Now the company has tried to increase its revenue by starting facilities like airplane ticket booking, visa processing, travel insurance etc. This company can perform well in the tourism and travel sector in the coming time, because the online ticket booking process can increase significantly in the future.
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Easemytrip Share Price Strength?
The company's Return on Equity ROE ratio is good at 41.24%.
The company is debt free.
Promoters holding is high in the company.
The operating profit margin and net profit margin of the company are quite good.
Easemytrip Share Price Weakness?
The company's dividend yield is 0.
The company's earnings per share ratio is quite low.
94% of the company's total revenue comes from airplane ticket booking, which is not good for the company.
Conclusion?
According to us, if you invest in this company now, you can get good returns in future. The use of technology is going to increase significantly in the coming times. Along with this, cities will also be made smart. In which optical fiber and all the equipment manufactured by the company will be used as much as possible. If you want to invest money in it for a short time, then you can do it and if you do it for a long time then it will be more beneficial for you.
Disclaimer?
Dear valued viewers,
I would like to remind you that I do not have SEBI (Securities and Exchange Board of India) permission to provide any financial advice or recommendation. The information and updates shared on this website are for educational and informational purpose only.
Do not construe it as investment advice, stock recommendations, or financial guidance. Although I aim to provide timely updates of the information contained herein, I cannot be held responsible for any financial loss incurred based on this information.
My desire is to provide periodic updates on the stock market, cryptocurrencies, and financial products with a human touch, to help you make informed investment decisions.
FAQ: -
(Q) What does the Easemytrip do?
Ans. This company provides the facility of online airplane ticket booking, bus ticket booking, railway ticket booking, hotel room booking to its customers through online traveling portal.
(Q) Easemytrip where is located?
Ans. New Delhi, India
(Q)When was the company established?
Ans. 2008
