Multibagger penny stock under Rs 60 in focus as company announces major updates; Complete details inside!

Eraaya Lifespaces Ltd's EdTech subsidiary, Ebix Smartclass, has launched Ebix AI School, a comprehensive AI and Coding Program aimed at revolutionising AI learning in Indian schools. This initiative, unveiled on July 16, 2025, in New Delhi, is designed to equip students from Grades 1 to 12 with crucial digital-age skills, including AI literacy, machine learning, computational thinking, robotics, and coding. Ebix AI School aligns with the National Education Policy (NEP) 2020, emphasising innovation, logical reasoning, and digital fluency from an early age, preparing young minds to lead in the rapidly evolving digital economy.

Leveraging Ebix Smartclass's extensive reach of over 65,000 classrooms across 10,000+ schools, Ebix AI School offers a robust, future-ready curriculum. Key features include a grade-wise progressive learning path, real-world projects, AI-powered simulations, gamified learning, and seamless integration with existing classroom technology. The program also provides a 24x7 AI Teaching Assistant and supports both online and offline learning via mobile apps. A phased rollout began with schools already using Ebix Smartclass solutions, with a nationwide expansion planned throughout 2025, reinforcing Eraaya Lifespaces Limited's commitment to inclusive, equitable, and technology-driven education.

Additionally, a meeting of Eraaya Lifespaces Limited's Board of Directors is set for Monday, July 21, 2025, at The Oberoi, New Delhi. The agenda includes a comprehensive strategic review of the company's business performance and growth, with a focus on realigning verticals for improved synergy and accountability, and potentially engaging external experts. The board will also evaluate acquiring strategic real estate assets to strengthen leadership, identify opportunities to divest non-core assets to sharpen focus and unlock value, and review ongoing legal and regulatory matters for compliance and risk management. Any other matters may also be discussed with the Chair's permission.

About the Company

Eraaya Lifespaces, a lifestyle and hospitality company focused on luxury, innovation, and technology, is expanding its global footprint and offerings through the strategic acquisition of Ebix Inc. USA and its worldwide subsidiaries. This move significantly broadens Eraaya's scope beyond its core business of creating immersive cultural experiences, as Ebix is a global leader in software and e-commerce solutions across insurance, financial services, travel, healthcare, and e-learning. By integrating Ebix's expertise in areas like advanced insurance exchanges and SaaS solutions, Eraaya aims to drive transformative innovation and redefine the future of business in interconnected global markets.

In its Quarterly Results (Q4FY25), the company reported net sales of Rs 1.88 crore and a net loss of Rs 6 crore while in its half-yearly results (H2FY25), the company reported net sales of Rs 15.32 crore and a net loss of Rs 26.85 crore. Looking at its annual results (FY25), the company reported net sales of Rs 22.32 crore and a net profit of Rs 25.87 crore.

The company has a market capitalisation of over Rs 1,000 crore and a 290 per cent 3-year stock price CAGR. The stock gave multibagger returns of over 6,300 per cent in 3 years. The promoters of the company bought 14 lakh shares in Q4FY25 compared to Q3FY25. As of March 2025, the company's promoters own 35.61 per cent stake, FIIs own 22.52 per cent, DIIs own 1.81 per cent and the rest 40.06 per cent stake is owned by the public.

Disclaimer: The article is for informational purposes only and not investment advice.