If you're staring at your EaseMyTrip (EASEMYTRIP) portfolio feeling that gut punch right now, you're not alone. The stock just crashed to a 52-week low around ₹7.97-₹8, down over 70% from peaks, thanks to brutal Q3 results showing slumping revenue, rising costs, fierce competition, and promoter Nishant Pitti dumping stakes—like that massive 14% sell-off shaking investor faith. It's heartbreaking after the post-IPO hype, but hold on—this could be your wake-up call to dig deeper before panic-selling.
The Pitti Brothers' Gritty Rise:
Picture three brothers—Nishant, Rikant, and Prashant Pitti—starting in their Delhi garage back in 2008, booking dad's business flights to save bucks. What began as a scrappy B2B travel agency flipped to B2C in 2011 with zero convenience fees, exploding into flights, hotels, buses, and holidays. They bootstrapped to unicorn status, went public in 2022, and now Rikant’s CEO amid the chaos. Their "no-fee" hustle won hearts, but recent stumbles like stalled growth have investors sweating.
Travel boomed post-pandemic, yet EaseMyTrip's weak profits, high debtors, and promoter exits (stake down 27%) triggered this freefall. Partnerships like PhonePe hotels flashed hope, but Q3 flops and accounting worries crushed sentiment. It's raw—loyal users love the app, but markets smell blood.
Analysts are split, but here's the buzz: 2026 could rebound to ₹23-₹37 if travel surges.
By 2030, targets hit ₹75-₹292 on digital boom and tier-2 growth. Stretch to 2035: ₹123+,
2040: ₹47? Wild cards like cost cuts and global trips matter.
Don't FOMO-buy or dump in fear—research earnings, watch CEO moves. What's your play? Drop thoughts below, share if this sparked hope, and subscribe for more stock truths! Act smart today.
