10 Best Travel Stocks in India 2023

The Travel industry is an extremely large and broad industry that overlaps with other industries such as the transport and hospitality industry. It is a primary driver of economic growth and job creation. Tourism boosts the revenue of the economy, creates thousands of jobs, and develops the infrastructure of a country. It also enhances the relationships between two or more countries.

The tourism sector was one of the worst affected by the impacts of COVID-19. Business travel will take longer to recover, and even then, we estimate it will only likely recover to around 80% of pre-pandemic levels. Let us now look at some of the best Indian companies to invest in. ·

Sl NoStock NameMarket Capital
1 International Travel House₹ 88.86 Cr.
2 BLS International Services₹ 4,342.86 Cr.
3 KK Ropeways0
4 Yaan Enterprise₹ 6.70 Cr.
5 Growington Ventures₹ 46.13 Cr.
6 Thomas Cook₹ 3,010.44 Cr.
7 Cox and Kings ₹ 31 Cr
8 IRCTC₹ 47,220 Cr.
9 Easy Trip Planners Limited₹ 8,359.15 Cr.
10 Transcorp International₹ 84.70 Cr.

1. International Travel House

International Travel House

International travel house is an Indian travel company formed in the year 2008. It was the first listed travel company. International Travel House Limited (ITH) started operations in 1981 with a diverse product portfolio. They have about 39 offices in 19 Indian cities. They won the Best Transport Company in India by FICCI under ‘Travel and Tourism Excellence‘ Awards 2019.

The shares are currently trading at ₹107

Market Cap₹ 88.86 Cr.
Sales Growth-71.61%

2. BLS International Services

BLS International Services

BLS International Services Limited is an Indian outsourcing service provider founded in the year 1983 and headquartered in New Delhi. They provide visa consultation services, travel guidance, foreign diplomacy services, etc. They also specialize in attestation services. BLS International is amongst the top three global players in this domain. It also provides citizen services to state and provincial governments across the globe. The shares are currently trading at ₹213.70

Market Cap₹ 4,342.86 Cr.
Sales Growth-61.87%

3. KK Ropeways

KK Ropeways

K K Ropeways Limited is an Indian company incorporated in 1992. It is involved in the business of railway and tramway locomotives and rolling stock.

4. Yaan Enterprise

Yaan Enterprise

YAAN ENTERPRISES LTD is an Indian travel company incorporated in 1989. The company is involved in the business of Tour Operations. The Company provides holiday and corporate plans for tourists with competitive ticketing. Its registered office is in Raigarh(Mh), Maharashtra, India.

It is currently trading at around ₹21

Market Cap₹ 6.70 Cr.
Sales Growth-67.48%

5. Growington Ventures

Growington Ventures

Growington Ventures India Limited (formerly known as VMV Holidays Limited) is an Indian-listed travel company. They have a Strong Procurement & Distribution Support team within and outside India. They distribute fruits globally and are fundamentally very strong.

It is currently trading at ₹29

Market Cap₹ 46.13 Cr.
Sales Growth16.74%

6. Thomas Cook

Thomas Cook

Thomas cook is one of the most sought after travel agencies in the world and has its establishments in India too. It was founded by Thomas Cook in 1881. Along with travel agencies they also provide other services like Foreign Exchange, International and Domestic Holidays, visas, passports, Travel Insurance, and MICE.

The stock is currently trading at a price of ₹56

Market Cap₹ 3,010.44 Cr.
Sales Growth-91.19%

7. Cox and Kings

Cox and Kings

Cox and Kings is one of the oldest travel companies of all time. It was founded by Britisher Richard cox and is headquartered in India but has its subsidiaries in the United States, Canada, the United Kingdom, Netherlands, the United Arab Emirates, Japan, Singapore, etc. In September 2020 They won Best Luxury Tour Operator at the Silver Travel Advisor Awards

It is currently trading at around ₹1.8 per share.



Indian Railway Catering and Tourism Corporation is an Indian government-owned company that is responsible for the whole of the Indian railway system’s operations. The Indian railways are said to be the largest railway network in the whole world in terms of employees and square kilometer coverage. IRCTC is a “Mini Ratna (Category-I)” Central Public Sector Enterprise under the Ministry of Railways.

It is currently trading at ₹599.

Market Cap₹ 47,220 Cr.
Sales Growth-65.42%

9. Easy Trip Planners Limited

Easy Trip Planners Limited

EaseMyTrip is an Indian online travel agency founded in 2008. The company offers hotel reservations, airline tickets, package tours, bus reservations, and white label services. EaseMyTrip launched in 2008 with a focus on B2B2C (business-to-business) sales channels and domestic travel aviation where travel agencies access their websites to serve the Indian offline travel market. They made it possible to reserve tickets. It is currently trading at ₹366

Market Cap₹ 8,359.15 Cr.
Sales Growth-24.32%

10. Transcorp International

Transcorp International

Founded in 1994, Transcorp International was started with six full-fledged money-changing (FFMC) licenses from the Reserve Bank of India (RBI). It started off with family maintenance, NRE Repatriation, and travel services in India and then branched out to Currency exchanges, tours and travels, Insurance , Car renting services etc

The shares are currently trading at ₹19

Market Cap₹ 84.70 Cr.
Sales Growth-61.27%

Equity shares tend to be more volatile than others because both the supply and demand relatively price elastic. Investors are requested to take caution and follow conservatism while trading. Happy Trading.

Advantages of Investing in Travel Stocks

There are several advantages to investing in travel stocks:

  1. Growth potential: The travel industry is a large and growing market, with significant potential for future growth. As more people travel and the industry continues to expand, travel stocks may offer strong potential for investment returns.
  2. Revenue streams: Many travel companies generate revenue from multiple sources, including ticket sales, hotel bookings, and other travel-related services. This can provide a steadier stream of revenue, which may be less affected by market fluctuations than companies that rely on a single source of income.
  3. Potential for price appreciation: If a travel company performs well financially and the industry as a whole is growing, the value of the company’s stock may increase over time. This can provide investors with the opportunity for capital appreciation and potential returns on their investment.


What are the top performing travel stocks in India?

The top performing travel stocks in India may vary depending on market conditions and individual investor preferences. Some of the top performing travel stocks in India in recent years include companies in the aviation, hospitality, and online travel sectors, such as IndiGo, Jet Airways, Taj Hotels, and MakeMyTrip.

How did tourism stocks perform past years?

The performance of tourism stocks can vary significantly depending on a range of factors such as economic conditions, consumer trends, and company-specific events. In recent years, the tourism industry has faced challenges due to the impact of the COVID-19 pandemic, which has significantly disrupted global travel and led to a downturn in the sector.

However, the long-term trend for the tourism industry has generally been positive, with global travel and tourism expected to continue to grow in the coming years. Some tourism stocks have performed well in recent years, while others have faced challenges. It is important to research and carefully consider the specific circumstances of each company and sector when making investment decisions.

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