NSECopy of Newspaper Publication2d ago · 7 Nov 2026, 03:32 pm
Copy of Newspaper Publication
Nityas Gems and Jewellery Limited · NITYAS
✦ AI Summary▼ NegativeRegulatory
Private bus operators are increasing fares unreasonably for Diwali, charging passengers three times more than normal fares, despite most buses being full.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern5/10
Regulatory Risk8/10
Balance Sheet Risk1/10
Liquidity Impact2/10
Market Sentiment1/10
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NITYGAESM ASN DJ EWELLLEIRMYI TED
(FORMEKRNLOYW ANS N ITYGAESM ASN DJ EWELLPERRIYV ALTIEM ITED)
CIN:U36996GJ2022PLC131404
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Mumbai-400001 Mumb-a4i0 0051
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websoiftt heCe o mpaantwy w w.nityas.in.
Kintdalkyte ha eb oivnef ormoanrt eicooanrn oddb lige.
Thankyionug.
Youfrasi thfully,
FoNrI TYAS ELLELRIYM ITED
Manvi
CompaSney pliaOnfcfiec er
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PlaScuer:a t
EncAlsa. b:o ve
07-11-2026 Saturday 4
Rs 1200 for a travel ticket
worth Rs 500, a game of
money-grabbing on Diwali
Ahmedabad, On the bus from Surat to Saurashtra
occasion of Diwali, passengers costs Rs 3000.
travelling from Surat and As the Diwali festival
Ahmedabad to Saurashtra will approaches, the difficulties of
have to pay thousands of people going from Surat to
rupees in fare alone. Seeing their hometown of Saurashtra
the rush of passengers, private have also increased
travel operators have taken significantly. Like every year,
advantage of the opportunity this year too, private bus
and started ripping off operators have imposed
passengers. The fare of a exorbitant fare hikes in the
sleeper bus from Ahmedabad name of the festival. Since the
to Rajkot, which normally costs fare is being charged three
Rs 400 to 500, has now times more than on normal
crossed Rs 1200. While the days, the budget of jewelers
fare from Surat to any district and the common class has
of Saurashtra has been fixed been disrupted. A sting
at Rs 1500. operation was conducted by
That is, if a family of four Divya Bhaskar to expose the
goes to their hometown for fact of arbitrarily high fares
Diwali, they will have to being charged by private travel
arrange for Rs 10,000 to operators from passengers
12,000 in return fare alone. during the festive season. The
During the sting operation reporter reached the office of
conducted by Bhaskar Reporter a private travel company in
in Ahmedabad and Surat, Surat as a customer, where he
private travel operators even inquired about the ticket and
said that as Diwali approaches fare of a bus going to Amreli.
and bookings increase, the During this, it was revealed that
fare could reach Rs 2000 to the operators were charging
2500. Lakhs of people will go more than double the fare
from Ahmedabad to compared to normal days by
Saurashtra on Diwali. Many showing a shortage of seats
people from different districts and taking advantage of the
live in Ahmedabad city. Those compulsion of the passengers.
who have come for jobs, The price of a single ticket will
business and studies have be Rs 1500
made Ahmedabad their place During the conversation
of work. Such people celebrate with the employees present in
all the festivals in Ahmedabad the office, it became clear that
itself. But Diwali is the only during festivals, a sudden
festival that they go to their increase is imposed in the
hometown to celebrate with normal fare. The price of a
their families. Now that Diwali single ticket is Rs 1500 and it
is only a few days away, most was openly claimed that the
people are booking buses to go fare will be normal only after
to their hometown. There were Diwali or Labh Pancham. Not
complaints that private bus only this, the business of
operators have increased the charging passengers
fares drastically due to the indiscriminate fares on return
increasing number of journeys is also booming. Fares
passengers. Keeping this in skyrocketed from 2,800 to
mind, the 'Divya Bhaskar' ?3,000 for festive days. Later,
reporter went to the private when a reporter reached the
travel offices in the Satellite office of another private travel
area and checked the fares. In agency by Divya Bhaskar to
which the bus fare to Rajkot, inquire about booking a bus
which is usually Rs 500 on a ticket to Saurashtra, the staff
normal day, has reached Rs members present there were
1200 to 1500 as Diwali seen taking advantage of the
approaches. Not only this, the passengers' compulsion and
fare will still reach Rs 2000, the quoting fares many times
travel office managers said in higher than on normal days.
the sting operation.
Private bus operators
running from Ahmedabad to
the state are exploiting the
compulsion of people to go
home during festivals like
Diwali by increasing fares
unreasonably. They are
charging passengers three
times more than normal fares
as Diwali approaches. Despite
the drastic increase in private
bus fares, most of the buses
are full. This is because
passengers are forced to
spend more money to
celebrate Diwali with their
families. Vandebharat train
and ST sleeper-Volvo fares
from Ahmedabad to Rajkot are
higher than the fares.
Talking about the fares for
travelling from Ahmedabad to
Rajkot on Diwali, private travel
operators have reduced the
fare from Rs 1000 to Rs 1200.
While if you want to travel
from Ahmedabad to Rajkot in
Vandebharat train, it costs Rs
810 for chair car and Rs 1505
for executive chair. While the
fares for ST's Volvo bus are Rs
562 and Rs 332 for sleeper bus.
A double sofa bed in a sleeper
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