New Delhi, Feb. 7 -- Eraaya Lifespaces share price hit 5% upper circuit limit on Friday after the company announced strong business growth for its Indian subsidiary EbixCash Ltd. Eraaya Lifespaces is a multibagger small-cap stock, and was locked-in at 5% upper circuit at Rs.94.75 apiece on the BSE.

Eraaya Lifespaces announced that its subsidiary EbixCash reached growth across its foreign exchange, inward remittance, and payments businesses with $3.9 billion GMV (Gross Merchandise Value) during the 10 months of FY25.

"The forex, inward remittance and domestic payment business has delivered extraordinary performance for 10 months of FY 24-25. We are proud to report a GMV of $3.9 billion and provisional gross revenue of Rs.595 crore for th...