Factoring in the Middle East conflict-related disruption, Antique trimmed its FY26-FY28 earnings estimates for Yatra Online by 4 per cent each and reduced its valuation multiple to 27x from 32x
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.
Keynote Research has maintained a 'Buy' call on Yatra Online with a target price of ₹236, implying an upside of more than 50 per cent from the previous close of ₹147.23 on NSE
Airfares to Colombo surge up to 50 per cent ahead of India-Pakistan clash on February 15, with hotel tariffs also moving up amid strong cricket-driven travel demand
In the December quarter, Yatra Online posted a 17 per cent decline in consolidated net profit to ₹8.3 crore, compared to ₹10 crore year-on-year (Y-o-Y)
Yatra Online shares fell 7 per cent after it appointed Siddhartha Gupta as the new CEO after co-founder Dhruv Shringi resigned