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News for India > Business > Small-cap stock below ₹50 hits upper circuit despite negative trend in Indian stock market | Stock Market News
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Small-cap stock below ₹50 hits upper circuit despite negative trend in Indian stock market | Stock Market News

Last updated: June 19, 2025 12:29 pm
8 months ago
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Eraaya Lifespaces share prices were locked in the 5% upper circuit limit during Thursday’s trading session, despite a downward trend in the Indian stock market. The stock experienced positive momentum following the company’s announcement regarding its subsidiary, Ebix Travels Private Limited (Via.com), which has broadened its Nationwide Business Associate Centre Network.

In an official filing with the exchange, the company noted that the Business Associate Centre (BAC) initiative has successfully established over 20 Business Associate Centres throughout India, and there is a bold plan in place to grow to 100 centres by the conclusion of FY 2025–26.

“The launch of our Business Associate Centres represents more than just geographical expansion – we are creating a nationwide network of innovation hubs that reflect our unwavering commitment to revolutionizing India’s travel landscape. 

Each BAC embodies our core values: technological excellence, customer-centricity, and empowerment of local travel professionals. This initiative is our bold step towards building a more inclusive and accessible travel ecosystem that reaches every corner of our nation,” said Naveen Kundu, Managing Director of Ebix Travels Via.com



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