Easy Trip Planners Faces Declining Sales and Investor Confidence Amid Market Volatility

Easy Trip Planners, a small-cap player in the tour and travel-related services industry, has experienced significant volatility, hitting a new 52-week low of Rs. 8.83 today. The stock has underperformed its sector by 2.85%, marking its sixth consecutive day of decline, with a total drop of 9.97% over this period.
In terms of performance metrics, Easy Trip Planners has reported a substantial decrease in net sales, down 7.37%, and has faced negative results for three consecutive quarters. The company's profit after tax for the latest quarter stands at Rs. 15.36 crore, reflecting a sharp decline of 58.7% compared to the previous four-quarter average. Additionally, the return on capital employed (ROCE) has reached a low of 19.63%, and the debtors turnover ratio is at its lowest point of 1.98 times.

Institutional investor participation has also waned, with a 1.23% decrease in stake over the last quarter, leaving them with a collective holding of 5.05%. Over the past year, Easy Trip Planners has generated a return of -55.29%, significantly lagging behind the Sensex, which has seen a modest gain of 0.22%.