India's Rategain Travel Technologies jumps on strong quarterly performance

RateGain Travel Technologies

22/05/2026 08:45

** Shares of India's Rategain Travel Technologies RATE.NS jump as much as 11.9% to 730 rupees

** Travel tech firm's Q4 consol net PAT rose nearly 35.1% y/y

** Revenue from operations jumped nearly threefold

** Dolat Capital cuts rating to "accumulate" from buy

** Lifts PT by 50 rupees to 750 rupees, citing strong Q4 and confident outlook from management

** Trading vols at nearly 12.5x the 30-day average

** RATE rated "buy" on average by eight analysts, media PT: 816 rupees - LSEG data

** YTD, stock up 1.9%

($1 = 95.9700 Indian rupees)

 (Reporting by Bipasha Dey in Bengaluru)

 ((Bipasha.Dey@thomsonreuters.com;))