Multibagger small-cap inventory: Shares of Eraaya Lifespaces have witnessed a exceptional surge in recent times, constantly breaking document highs and reaching important milestones. The corporate’s shares, which had been priced at simply Re 0.76 apiece 5 years in the past, have skyrocketed an unbelievable 12,307%, at the moment buying and selling at ₹94.3 apiece.
On the inventory’s peak worth of ₹304, achieved in early October, the returns had been much more astounding, reaching 40,000%.
For perspective, an investor who invested ₹1 lakh within the inventory 5 years in the past and held onto the funding till now would have seen its worth develop to ₹1.24 crore. The corporate’s shares have been buying and selling on an ex-split foundation within the ratio of 1:10 since December 2024.
On Monday, the corporate introduced that its Indian subsidiary, Ebix Travels, has entered right into a strategic partnership with Delhi Capitals as an Affiliate Sponsor for the upcoming 2025 T20 cricket season, overlaying each the lads’s and ladies’s groups.
“As a number one know-how and monetary change firm, Ebix’s affiliation with Delhi Capitals is predicted to deliver a brand new degree of pleasure and power to the match. The sponsorship settlement, signed by Ebix Travels Pvt. Ltd., ensures in depth model visibility and engagement alternatives all through the season,” the corporate mentioned in its change submitting.
In the meantime, final week, the corporate introduced that EbixCash had achieved distinctive development throughout its overseas change, inward remittance, and funds companies, recording a GMV of $3.9 billion in the course of the first 10 months of FY24-25.
“The foreign exchange, inward remittance, and home fee companies have delivered extraordinary efficiency for the primary 10 months of FY24-25. We’re proud to report a GMV of $3.9 billion and provisional gross income of ₹595 crore for this era. With robust macroeconomic traits driving outbound leisure, company, and scholar journey in 2025, we’re assured in reaching sustained and strong enterprise development transferring ahead,” mentioned T.C. Guruprasad, CEO and Managing Director of EbixCash Cost Options.
Earlier in December, EbixCash bagged a contract value over ₹33.5 crore from Karnataka State Street Transport Company. The order covers all state-run buses and includes deploying EbixCash’s Computerized Fare Assortment System (AFCS) on Android-based ticketing units.
Moreover, in December, the corporate introduced that ITI Ltd, underneath the Ministry of Communications, Authorities of India, had chosen EbixCash as its know-how accomplice for working and managing its MeitY-empanelled Knowledge Centre (DC).
In regards to the firm
Eraaya Lifespaces was initially engaged in manufacturing youngsters’s bicycles underneath the model title Tobu Cycles. Final yr, the corporate amended its object clause and expanded into the hospitality sector, in addition to buying and selling in securities and digital advertising and marketing.
At present, the corporate affords a various vary of hospitality companies, together with lodging for leisure, enterprise, and private journey. In its newest annual report, the corporate acknowledged that it’s within the strategy of buying numerous properties, which it plans to make the most of for branded shops underneath a set hire plus revenue-sharing mannequin.
As a part of this enlargement, the corporate gives industrial areas to well-known quick-service eating places (QSRs) specializing in delivering meals to clients rapidly and effectively.
As of the tip of December quarter, most people holds the bulk stake within the firm at 40.4%, whereas promoters personal 35.1% and overseas institutional buyers (FIIs) maintain 22.6%, in response to Trendlyne shareholding knowledge.
Disclaimer: The views and proposals given on this article are these of particular person analysts. These don’t characterize the views of Mint. We advise buyers to verify with licensed consultants earlier than taking any funding selections.
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