RateGain Travel Technologies is currently trading at Rs. 355.95, up by 4.30 points or 1.22% from its previous closing of Rs. 351.65 on the BSE.
The scrip opened at Rs. 358.00 and has touched a high and low of Rs. 358.30 and Rs. 343.95 respectively. So far 31150 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 525.00 on 18-Jan-2022 and a 52 week low of Rs. 275.25 on 07-Mar-2022.
Last one week high and low of the scrip stood at Rs. 376.90 and Rs. 343.95 respectively. The current market cap of the company is Rs. 3808.98 crore.
The promoters holding in the company stood at 56.29%, while Institutions and Non-Institutions held 17.98% and 25.73% respectively.
Booking.com has recognized RateGain Travel Technologies as a Premier Connectivity Partner for the fifth year in a row. Booking.com's Connectivity Partner Programme recognizes leading connectivity providers, including channel managers, property management systems, and other vendors, that maintain high-quality connections. Booking.com and RateGain have been working together for over ten years with the aim of providing seamless connectivity between travelers and hotel properties across the world.
As part of this partnership, the product teams worked together last year to launch Room-Rate Management API, a part of Product API promoted by Booking.com. It empowers distribution teams to seamlessly create or retrieve room rates directly from RezGain, a smart distribution hotel channel manager software from RateGain, without signing into Booking.com’s extranet. This solves numerous bandwidth challenges for hoteliers already working with a reduced workforce post-covid. Partner properties can now push these room rates to the OTA for travelers to consume from RezGain.
RateGain Travel Technologies is among the leading distribution technology companies globally and it the largest Software as a Service (SaaS) company in the hospitality and travel industry in India.
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