Easy Trip Planners’ shares had hit a record high of Rs 415 and rallied 10 per cent on the BSE in Tuesday’s intra-day trade on the back of heavy volumes. The stock of the travel support services company surged 20 per cent in the past two trading days in hopes of healthy earnings. The company’s management is highly bullish about the pent-up solid demand in the travel industry.

At 12:49 pm, the stock was up 8 per cent higher at Rs 407.30, compared to a 0.38 per cent rise in the S&P BSE Sensex. The trading volumes on the counter more than doubled, with a combined 6.75 million equity shares changing hands on the NSE and BSE. In the past month, the stock has zoomed 50 per cent, compared to an 11 per cent rise in the S&P BSE Sensex.

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The company operates the EaseMyTrip.com website. According to a February 2021 Crisil report, EaseMyTrip is India’s second-largest online travel platform for air ticket bookings. The website is one of the fastest-growing internet companies, growing at nearly 50 per cent CAGR.

EaseMyTrip offers ‘End to End’ travel solutions, including air tickets, hotels, rail & bus tickets, holiday packages as well as ancillary value-added services. The company has offices across Indian cities, including Noida, Bengaluru, and Mumbai. The international offices (as subsidiary companies) are in the Philippines, Singapore, Thailand, UAE, UK, and the USA.