Small Cap Company Eraaya Lifespaces Limited has given a tremendous return of 7,551% to investors in the last five years, making the company a topic of discussion in the stock market. This company is once again in the headlines through big deals in T20 cricket and government projects.
Ebix Travels got big responsibility
EBIX Travels Private Limited, an Indian subsidiary of Eraaya Lifespaces, has recently taken up travel and hospitality management for three major IPL teams – Punjab Kings, Royal Challengers Bangalore and Kolkata Knight Riders. This means that in 2025 for these three teams, the complete arrangement of travel, hotel, lodging and other facilities will be Travels EBIX.
The deal is an important milestone for the company, as it can give the company a major identity and success. By joining these teams, the company will get a new market and it can get a strong reputation.
Tremendous returns in stock market
Talking about the current status of the share of Eraaya lifespaces, it is currently trading at Rs 57.01. Although the company’s stock has seen a decline of 4.82% on the last Friday, the company has given a return of 50% to its investors in the last one year. In addition, in the last five years this company has given amazing returns of 7,551%, which is excellent news for any investor.
This is a major achievement for the company, and it can prove to be a great opportunity for investors.
Naveen Kundu’s statement
The company’s managing director, Naveen Kundu shared his views on this new deal. He said, “We are very excited to work with India’s largest cricket teams. It is our endeavor to provide the players and team management the best travel and hospitality service, so that they can only focus on their performance.”
It is clear from Naveen Kundu’s statement that the entire team of the company is associated with this deal and they consider it a big success.
Marketing advantage with RCB
Eraaya lifespaces have recently announced an official partnership for the 2025 T20 cricket season between their subsidiary Ebixcash and Royal Challengers Bangalore (RCB).
Under this partnership, Ebixcash will get several opportunities in the fields of branding, digital promotion and fan engagement with RCB. This partnership will give the company an opportunity to display its brand on a large marketing platform, which will increase the identity of the company and strengthen its impact in the market.
Big success was also found in government sector
Apart from the sports sector, Ebixcash has also won a major victory in the government sector. The company has received a five-year contract to manage the Meity-Empanelled Data Center-1 of the PSU company ITI Limited under the Government of India. The deal is more than Rs 100 crore, which is another important milestone for the company.
This deal will give Ebixcash a major identity and will be able to expand its services in the government sector. This deal will further strengthen the direction of the company’s development, which can make the price of its share even higher.
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