Rategain Travel Technologies Ltd (RATEGAIN)

RateGain Partners with Hahn Air for Airline Pricing Boost - 16 Jul, 2024

RateGain Travel Technologies has partnered with Germany-based Hahn Air to integrate its AirGain pricing solution with Hahn Air's distribution network, benefiting over 350 airlines globally. The tie-up aims to optimize Hahn Air's revenue streams and provide real-time data-driven insights to enhance service delivery.

RateGain Partners with Malaysia Airlines, Stock Jumps - 09 Jul, 2024

RateGain Travel Technologies has signed a multi-year partnership with Malaysia Airlines Berhad to enhance its competitive position with superior pricing intelligence capabilities. The news caused the company's stock price to surge by 6.4%. RateGain provides software-as-a-service (SaaS) solutions for travel and hospitality, helping them accelerate revenue generation through acquisition, retention, and wallet share expansion.

Rategain Travel Technologies Reports Strong Q4 FY23-24 Results - 06 Jul, 2024

Rategain Travel Technologies Ltd reported a 40% YoY increase in revenue from operations and a 48% growth in after-tax profit for Q4 FY23-24. The stock rose by 1.6% on BSE, delivering positive returns of around 81.8% in one year and nearly 11.6% YTD.

Prabhudas Lilladher Gives Buy Call on Rategain Travel Technologies - 05 Jul, 2024

Prabhudas Lilladher has given a buy call on Rategain Travel Technologies with a target price of Rs 900. The company reported a consolidated total income of Rs 276.86 crore for the quarter ended March 31, 2024, up 5.31% from the previous quarter and up 47.48% from the same quarter last year. Promoters hold 51.25% stake in the company.

Hem Securities Gives Buy Call on Rategain Travel Technologies - 27 Jun, 2024

Hem Securities has given a buy call on Rategain Travel Technologies with a target price of Rs 858. The company reported a consolidated total income of Rs 276.86 crore for the quarter ended March 31, 2024, up 5.31% from the previous quarter and up 47.48% from the same quarter last year. Promoters hold 51.25% stake in the company.

Avataar Holdings Divests Stake in Rategain Travel Technologies - 20 Jun, 2024

Avataar Holdings has divested its entire 1.8% stake in Rategain Travel Technologies for Rs 160 crore through an open market transaction, followed by a block deal that saw the company's shares rise by 8%. Axis Mutual Fund, ICICI Prudential Mutual Fund, and Morgan Stanley Asia Singapore were among the buyers.

Rategain Travel Technologies Shows Positive Trends - 19 Jun, 2024

Rategain Travel Technologies has shown positive trends with returns generated on capital employed growing to 10% in the last five years. The company is making more money per dollar of capital used, indicating opportunities for internal investment at higher rates.