New Delhi, Feb. 16 -- Shares of Easy Trip Planners Ltd, which operates popular travel-tech and aggregation platform EaseMyTrip on Monday hit a 20 per cent upper circuit.

At day's closing, the shares of the company traded at Rs 7.93, remaining at the upper circuit level. The upper circuit is the highest possible price that the stock of a publicly-listed firm can trade at on that particular day.

This sharp upmove in its share price comes soon after the company announced it plans to raise capital up to Rs 500 crore as part of its ongoing strategy to scale key growth areas and reinforce its financial strength.

The company's Board has approved, in principally, a proposal to raise funds through the issuance of equity shares and/or other elig...