Flight & Hotel booking Company (EMT) is ready to fly in blue sky

Hello Guy's i hope you all will be doing good in your trading and your life as well. I have brought a stock where weekly volume is higher than previous few weeks. Stock has given falling resistance trendline breakout and formed double bottom and given a huge breakout of neckline in last trading week. Now price is above neckline breakout and sustaining above. So if anybody wants to go long in it, can go with cmp or add some more if you get more down levels around 45-43. Stock is good with good management and this is only 2nd largest growing and profitable company in india.
Technical indicators like MACD is also giving bullish crossover on weekly timeframe, this all indicating a positive reversal in this stock.

About company:- Easy Trip Planners(EMT) is the fastest growing, 2nd largest, and only profitable company in the online travel portal in India. The company offers a comprehensive range of travel - related products and services under the flagship brand ''Ease My Trip''.

It also provides end- to -end travel solutions, including airline tickets, hotels and holiday packages,rail tickets, bus tickets and taxis as well as ancillary value- added services such as travel insurance, visa processing and tickets for activities and attraction.

Market Cap
₹ 8,798 Cr.
Current Price
₹ 49.6
High / Low
₹ 56.4 / 37.0
Stock P/E
54.9
Book Value
₹ 3.46
Dividend Yield
0.20 %
ROCE
54.6 %
ROE
46.9 %
Face Value
₹ 1.00
Industry PE
213
Debt
₹ 116 Cr.
EPS
₹ 0.92
Promoter holding
64.3 %
Intrinsic Value
₹ 38.0
Pledged percentage
0.00 %
EVEBITDA
39.8
Change in Prom Hold
-1.24 %
Profit Var 5Yrs
103 %
Sales growth 5Years
33.8 %
Return over 5years
%
Debt to equity
0.19
Net profit
₹ 160 Cr.
ROE 5Yr
47.0 %
Profit growth
24.6 %


PROS:-

Company is expected to give good quarter
Company has delivered good profit growth of 103% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 48.7%

CONS:-

Stock is trading at 14.3 times its book value
Promoter holding has decreased over last quarter: -1.24%
Debtor days have increased from 98.5 to 138 days.
Working capital days have increased from 43.6 days to 316 days

Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.

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Thankyou.
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Rahul Pal (Indian Moderator)
(Full Time Trader & Investor)

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