India's Yatra falls as Street flags war-led tensions hurting corporate travel demand

Yatra Online

27/05/2026 08:07

** Travel booking platform Yatra Online YATR.NS shares fall 3.4% to 97.76 rupees, extending losses for a second straight session
** Brokerage Investec lowers TP on stock to 225 rupees from 270 rupees; says Middle East headwinds to hurt in the near term
** Adds Yatra's results missed expectations in its seasonally strongest quarter, mainly due to Middle East-related disruptions in its corporate travel business
** DAM Capital says war-related disruptions led to cancellations and delays in international corporate bookings, while hotel bookings grew but earned lower average revenue as demand shifted away from premium corporate travel towards B2C bookings
** Antique Stock Broking lowers TP to 160 rupees from 187 rupees; says Gulf countries, especially UAE, remain key corporate events hubs, but a prolonged conflict could delay bookings and lead to some cancellations
** YTD, stock down 43.9% 

(Reporting by Abhinav Parmar in Bengaluru)
((Abhinav.Parmar@thomsonreuters.com;))