Ease Trip Planners Ltd, the parent company of the online travel platform EaseMyTrip, has experienced remarkable share price growth, with a 19.95% increase on Tuesday alone, reaching a peak of ₹9.50. Over just two trading days, the shares have surged 43.72%. This impressive rise is attributed to the company’s announcement of plans to raise up to ₹500 crores to accelerate growth projects and strengthen its balance sheet. Following this news, investors have shown increased confidence, contributing to the stock's bullish trend.

The board of the company has approved a proposal to raise funds through the issuance of equity shares or other eligible securities, pending necessary approvals. This strategy reflects the company's commitment to expand and enhance its market position amid challenging financial conditions. The recent growth in share price signals a positive sentiment among investors, particularly after the company's strategic moves to improve its financial standing.

In terms of financial performance, EaseMyTrip reported a decline in Profit After Tax (PAT) to ₹3.41 crores for the third quarter of 2026, down from ₹34.02 crores in the same quarter the previous year. Despite this downturn in profits, operational revenue saw a slight increase to ₹151.65 crores, indicating a focus on revenue generation even as profits fell. The company is clearly taking steps to navigate its current economic environment and is positioning itself for future growth.