New Delhi: Today both the stock market indices are trading with a decline. Amidst the decline in the market, selling has been seen in the shares of travel company EaseMyTrip (Easy Trip Planners). The company's shares (EaseMyTrip Share) have been trading with a decline since the beginning of the trade.

Around 12 pm, the company's shares had fallen by 20 percent. At the time of writing the news, EaseMyTrip's shares are trading at Rs 35.17 per share, down 14.18 percent.

Why did the stock fall?

Today the company's stock has fallen due to block deal. In this block deal, the company's promoters are selling their stake. So far the promoters have sold shares worth about Rs 176.5 crore. After selling shares worth crores of rupees, the company's stock has crashed. According to media reports, the promoters have sold about 4.6 crore shares through block deal.

EaseMyTrip Share Performance

Talking about the performance of EaseMyTrip's stock, in the last one year, the company's stock has given a negative return of 15.55 percent. On the other hand, if we talk about March 26 to September 25 this year, the stock fell by 19.86 percent. At the same time, the stock fell by 14.09 percent in the last 5 trading sessions. According to the official website of Bombay Stock Exchange (BSE), the company's M-Cap (EaseMyTrip M-Cap) is Rs 6,255.30 crore.