India's Rategain Travel Tech up 3% on HotelKey partnership

RateGain Travel Technologies

23/02/2023 04:42

** Shares of Rategain Travel Technologies Ltd  RATE.NS  rise
as much as 3.07% to 355.5 rupees, biggest intraday gain in a
week
    ** SaaS service provider said it has partnered with
cloud-based management platform HotelKey 
    ** Partnership to integrate RATE's global distribution,
central reservations, and pricing capabilities into HotelKey's
PMS platform - RATE statement
    ** Stock trading above its 50-, 100-, and 200-day moving
averages
    ** Trading volume at ~102,000 shares as of 10:00 a.m. IST,
vs 30-day avg of ~482,000 shares
    ** Stock was down 23.3% last year
 (Reporting by Biplob Kumar Das in Bengaluru)
 ((Biplobkumar.das@thomsonreuters.com))