Easy Trip Planners Limited
LIC decreased its stake in Easy Trip Planners from 2.30% to 1.99%, selling 44 lakh shares. The value of the reduced stake is approximately ₹3.1 Cr based on the share price of ₹7.04.
A leading online travel platform in India that provides comprehensive travel-related products and services under the Ease My Trip brand. The company offers flight bookings, hotel reservations, holiday packages, visa services, and ancillary travel solutions through its digital platform. It distinguishes itself through a user-friendly interface, competitive pricing, and focus on serving Indian travelers across multiple customer segments and price points in the travel industry.
India's largest domestic institutional investor with over Rs 56 lakh crore in total AUM, of which roughly Rs 15 lakh crore sits in listed equities. Holds stakes in virtually every major listed Indian company. When LIC builds or exits a position, it moves markets. Government-owned and mandated to invest policyholder funds in Indian equities and bonds, making it the ultimate long-only, long-term India bull.