Why are Easy Trip Planners share price up 5% today? Know More
By Aditya Bhagchandani Published on May 12, 2025, 10:36 IST
Shares of Easy Trip Planners Ltd (EaseMyTrip) surged 5.61% to ₹12.42 on Monday after India-Pakistan tensions eased over the weekend and the Indian Air Force lifted airspace restrictions. The stock had previously closed at ₹11.76 and touched an intraday high of ₹12.52.
The upward movement came as commercial operations resumed at 32 airports near the India-Pakistan border. These airports, including Leh, Srinagar, and Dharamshala, had been closed last week amid heightened military activity. The Indian Air Force cancelled its NOTAM (Notice to Airmen), leading to a sector-wide rally in tourism and aviation-related stocks.
Brokerage B&K Securities reported that over 430 flights were cancelled during the escalation. With the ceasefire in place and operations restarting, the sentiment around tourism stocks has sharply improved. Alongside Easy Trip, stocks like Ixigo, IRCTC, and IndiGo also gained.
The Nifty India Tourism Index was up nearly 4% in Monday's session, with Easy Trip among the top movers. The stock currently holds a market cap of ₹22.02 billion and trades at a P/E ratio of 57.57.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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