India, Aug. 11 -- Continuing the downward trend, shares of online travel aggregator (OTA) EaseMyTrip hit a fresh all-time low of INR 8.76 during the intraday trading today. The stock recouped some of the losses to end the day at INR 8.82, still 3.29% lower from Friday's (August 8) close.

The shares have been on a downward trajectory since the start of the year and have fallen close to 44% year to date.

After making a stellar public debut on the stock exchanges in 2021, the company has undertaken multiple bonus issues and stock splits. Its market capitalisation, which once stood at above $1 Bn, currently stands at $356.5 Mn.

Notably, the weak sentiment in EaseMyTrip over the past year or so has coincided with its cofounders offloading t...