RateGain Travel Technologies reported a 152.6 per cent surge in Q2FY27 revenue to ₹745.4 crore, driven by growth in its business amid continued investments in AI and Sojern.
ICICI Securities initiated coverage on RateGain Travel Technologies with 'BUY' rating and a target price of ₹1,050, valuing the stock at 30x FY28E EPS.
On the margin front, RateGain's management expects the company to deliver an EBITDA of ₹650 crore to ₹700 crore at a margin of 21.5 per cent to 22.5 per cent for FY27.
The company reported revenue growth of 174.5 per cent in Q4FY26 over the corresponding quarter last year, posting its highest-ever quarterly revenue of ₹715.5 crore
Rategain Travel Technologies share price slumped 15.9 per cent to ₹480.5 per share, the lowest level since August 18, 2025, on the National Stock Exchange (NSE)
The buying on the counter came after the company through its subsidiary, RateGain Technologies Limited, UK, entered into a definitive agreement to acquire Sojern Inc.
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RateGain shares rose 2.3 per cent after Air Montenegro has selected AirGain by RateGain - a globally trusted, AI-powered airfare pricing intelligence platform for gaining real-time competitive insight
The northward movement in the RateGain Travel Technologies share price is attributed to the company's announcement of the launch of the AI-Powered Digest for its airline customers
RateGain share rose after it announced that Nok Air has selected AirGain, its advanced pricing intelligence platform, to gain real-time competitive insights
In Q3FY25, the company's revenue from operations grew by 10.6 per cent year-on-year (Y-O-Y) to Rs 278.7 crore, up from Rs 252 crore reported in the same quarter of the previous fiscal year
The upward movement in the stock came after RateGain announced that it has been selected for a multi-year partnership by Malaysia Airlines Berhad (Malaysia Airlines)
Despite recent macro uncertainty, the management sees growth holding steady across the travel space but will maintain a cautiously optimistic approach keeping an eye on developments across key regions
RateGain Travel Technologies Ltd has announced it is acquiring Adara, a leader in data collection and management in the travel and hospitality space, for $16 million (about Rs 132.4 crore)
