The shares have been on a downward trajectory for the reason that begin of the yr and have fallen near 44% yr so far

Its market capitalisation, which as soon as stood at above $1 Bn, at the moment stands at $356.5 Mn

The corporate’s shares have depleted amid a number of controversies

Persevering with the downward pattern, shares of on-line journey aggregator (OTA) Easemytrip hit a contemporary all-time low of INR 8.76 through the intraday buying and selling as we speak. The inventory recouped among the losses to finish the day at INR 8.82, nonetheless 3.29% decrease from Friday’s (August 8) shut.

The shares have been on a downward trajectory for the reason that begin of the yr and have fallen near 44% yr so far. 

After making a stellar public debut on the inventory exchanges in 2021, the corporate has undertaken a number of bonus points and inventory splits. Its market capitalisation, which as soon as stood at above $1 Bn, at the moment stands at $356.5 Mn.

Notably, the weak sentiment in EaseMyTrip over the previous yr or so has coincided with its cofounders offloading their stakes within the firm. Cofounder and former CEO Nishant Pitti has been promoting his shares within the firm in droves. The aggressive sell-off spree has lowered his stake within the firm to 12.48% on the finish of June 2025, lower than half of the 28.13% holding a yr in the past. 

EaseMyTrip is promoted by the Pitti brothers – Nishant, Prashant and Rikant. The cofounders’ cumulative stake within the firm has plunged to 47.72% on the finish of June 2025 from 64.30% a yr in the past. 

Whereas Nishant’s shareholding has shrunk considerably over the previous yr, Prashant and Rikant’s stake within the firm is unchanged at 10% and 25%, respectively. It’s pertinent to say that Nishant additionally stepped down because the CEO of the corporate earlier this yr.

In the meantime, the Enforcement Directorate performed searches at EaseMyTrip premises in reference to the Mahadev betting app case earlier this yr. Nonetheless, the OTA denied any affiliation with the Mahadev app or every other betting platform.

The opposite two cofounders, Prashant and Rikant, additionally maintain positions in entities moreover the listed firm. Whereas Prashant is a founding father of MSME-focussed NBFC Optimo Capital, Rikant just lately launched an AI enterprise studio to co-create companies with different entrepreneurs. 

On the monetary entrance, EaseMyTrip’s internet revenue elevated 5% YoY to INR 108.7 Cr in FY25 and working income declined marginally to INR 587.3 Cr. The corporate, after informing the exchanges of a board assembly to think about a proposal of acquisition earlier this month, has postponed it twice. Now, its board will meet on Thursday (August 14) to think about the acquisition/s in addition to Q1 FY26 numbers.