Le Travenues Technology Ltd News

Stocks to watch today: Oil India, ixigo, ZEEL, GE Vernova, Amber Ent

Stocks to watch today: Oil India, ixigo, ZEEL, GE Vernova, Amber Enterprises, HCLTech, RailTel, Andhra Cement, Tata Steel, Tata Motors, among others, will be in focus today.

Ixigo shares up 6% on Q4; JM Financial retains Buy, trims target; check why

Analysts at JM Financial retained their 'Buy' rating on the stock but cut the target price to ₹200 per share from ₹250 earlier

War worries! Yatra Online, Easy Trip Planners, ixigo, TBO TEK dip up to 14%

The escalation in the US-Israel-Iran conflict has led to airspace closures across the Gulf and damage/disruptions at Dubai and Abu Dhabi hubs.

Stocks to Watch today, Feb 16: Ola Electric, Kfin Tech, Inox Green, HUL

Stocks to Watch today, Feb 16: From Ola Electric to Inox Green Energy, here are few stocks that will be on investors' radar

Ixigo to acquire 60% stake in Spanish train booking platform Trenes

Travel aggregator Ixigo's board has approved the acquisition of a 60 per cent stake in Spain's second-largest train booking platform Online Travel Solutions (Trenes), for 11.70 million euro (over Rs 125 crore). The proposed acquisition will help leverage Ixigo's product, technology and AI leadership in the European OTA market as Trenes is engaged in the business of providing an online platform for train ticket bookings, primarily catering to the Spanish market, with operations extending to certain other parts of Southern Europe. Consequent to the acquisition, Online Travel Solutions, S.L. will become a step-down subsidiary of Ixigo, it stated in a late-night regulatory filing on Friday. The board of directors of Ixigo also approved the acquisition of a 45.02 per cent stake in Squad As Service, S.L., Spain (Sqaas) for a total consideration of 0.45 million euro (over Rs 4.83 crore). The total consideration for both acquisitions includes non-compete fees and authorisation of the signi

ixigo Q3 results: Profit jumps 54% to ₹24 crore on higher bookings

ixigo (Le Travenues Technology Limited) on Thursday reported 54.11 per cent rise in consolidated net profit for December quarter at Rs 23.95 crore, driven by higher revenue from operations including flight, train, and bus ticketing services. The travel booking platform had logged a net profit of Rs 15.54 crore during the year-ago period, a regulatory filing said. During the quarter under review, ixigo's revenue from operations increased to Rs 317.56 crore from Rs 241.76 crore a year ago. Total expenses also rose to Rs 295.85 crore from Rs 223.67 crore. The gross transaction value (GTV) for ixigo's bus booking vertical grew over 36 per cent year-on-year in December quarter, whereas the flights vertical recorded GTV growth of more than 22 per cent despite industry-wide disruptions witnessed in December. "Our Q3 performance demonstrates our continued ability to outpace the market's growth with improving profitability. We are at a juncture in history where we will be judged not by our

Ixigo shares rally 7% as JM Financial upgrades to 'Buy', eyes 29% upside

The stock rose to an intraday high of ₹228.40 per share. Around 11:00 AM, ixigo shares were trading 6.87 per cent higher at ₹227.85 apiece. By comparison, the BSE Sensex was down 0.08 per cent at 83,8