{"id":859940,"date":"2024-09-26T08:38:49","date_gmt":"2024-09-26T03:08:49","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=859940"},"modified":"2024-09-26T08:41:05","modified_gmt":"2024-09-26T03:11:05","slug":"easy-trip-planners-shares-plunge-over-15-as-promoters-sell-8-5-stake","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/26\/easy-trip-planners-shares-plunge-over-15-as-promoters-sell-8-5-stake\/","title":{"rendered":"Easy Trip Planners shares plunge over 15% as promoters sell 8.5% stake"},"content":{"rendered":"<p>Shares of Easy Trip Planners, one of India\u2019s largest online travel platforms, tumbled 15.3% in intraday trade, dropping below Rs 35 to Rs 34.70 apiece, hitting a 31-month low. The sharp decline followed a block deal involving 17.6 crore shares, or 9.9% of the company\u2019s total equity, changing hands. <\/p>\n<p>Promoter Stake Sale Sparks Decline <\/p>\n<p>The fall in stock price comes after reports on September 24 from CNBC-TV18, citing sources, that promoter Nishant Pitti is expected to sell up to 8.5% of his stake through block deals, with an estimated block size of Rs 622 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Easy Trip Planners, one of India\u2019s largest online travel platforms, tumbled 15.3% in intraday trade, dropping below Rs 35 to Rs 34.70 apiece, hitting a 31-month low. The sharp decline followed a block deal involving 17.6 crore shares, or 9.9% of the company\u2019s total equity, changing hands. Promoter Stake Sale Sparks Decline The fall in stock price comes after reports on September 24 from CNBC-TV18, citing sources, that promoter Nishant Pitti is expected to sell up to 8.5% of his stake through block deals, with an estimated block size of Rs 622 crore.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-859940","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/859940","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=859940"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/859940\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=859940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=859940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=859940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}