RateGain Travel Technologies Ltd

Stock Market Today: ICICI Prudential Mutual Fund raises stake in RateGain Travel Technologies Ltd. The stock traded in the green on Friday with gains of 1.75% and ended almost 1% higher, despite Stock Market crash

Stock Market Today: Bottom out stock, RateGain Travel Technologies Limited share price zoomed 6% in the intraday trades on Thursday. The share price has rebounded more than 13% from its 1 year or 52 week lows. Do you own?

Shares of Rategain Travel Technologies surged 6.4% to ₹ 834.90 per share after it announced a partnership with Malaysia Airlines to enhance pricing intelligence capabilities. The company also partnered with Green Motion International, expanding its reach in the eco-friendly car rental sector.

Shares of RateGain Travel Technologies surged almost 12 percent in intra-day deals on Tuesday after the firm posted strong results for the quarter ended March 2024 (Q4FY24).

In the past year, Rategain Travel, a multibagger stock, has seen a steady increase in its share price, climbing from ₹ 325 per share to the current trading price of ₹ 781.95, reflecting a return of 140%.

Rategain Travel: Over the past year, the company has witnessed steady growth in its shares, soaring from ₹ 325 apiece to the current trading price of ₹ 781.95, resulting in a multibagger return of 140%.

Rategain Travel Technologies, on November 20, said that the company has raised over ₹ 600 crore from qualified institutional buyers (QIBs) placement of shares.

The leading software-as-a-service (SaaS) company also said that it will offer a discount of not more than 5 per cent on the floor price calculated for the issue.