EaseMyTrip share price traded marginally higher on Thursday, a day after the stock witnessed a sharp fall. Gains in EaseMyTrip shares came after the travel platform issued a clarification on the searches conducted at its premises by the Enforcement Directorate. The stock rose as much as 1.06% to ₹12.32 apiece on the NSE.

EaseMyTrip share price had plunged 8.55% on Wednesday amid reports of ED raids at the premises.

EaseMyTrip, in a filing on Thursday afternoon, confirmed that the Directorate of Enforcement has conducted a search operation at one of the company’s premises. Earlier in the day, it issued a statement on the ED searches at its premises in connection with the ongoing investigation into the Mahadev Betting App, denying any…