RateGain Travel Technologies is currently trading at Rs. 663.00, up by 3.70 points or 0.56% from its previous closing of Rs. 659.30 on the BSE.
The scrip opened at Rs. 662.55 and has touched a high and low of Rs. 666.65 and Rs. 659.25 respectively. So far 2127 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 733.00 on 17-Nov-2023 and a 52 week low of Rs. 262.65 on 23-Dec-2022.
Last one week high and low of the scrip stood at Rs. 673.20 and Rs. 648.25 respectively. The current market cap of the company is Rs. 7811.03 crore.
The promoters holding in the company stood at 55.72%, while Institutions and Non-Institutions held 23.23% and 21.06% respectively.
RateGain Travel Technologies has entered into partnership with Best Airlines Rep, a prominent General Sales Agent (GSA) renowned for its comprehensive representation of airline sales and marketing in various territories. This strategic alliance marks the introduction of RateGain's airline pricing solution, AirGain, enhancing the capabilities of Best Airlines Rep's airline partners by offering immediate access to pricing insights from over 200 sources. This includes data from websites, mobile apps, GDS, and more, ensuring quick and up-to-the-minute information.
Best Airlines Rep, which has a significant presence in Europe and Africa, offers airlines a wide range of services, from sales and marketing to comprehensive back-office support, emphasizing cost efficiency and strategic market positioning. They have recently partnered with InterGSA and Enlloy Aviation, and, together with Best Airlines Rep Marketing, have founded a new global GSA named Best Airlines Rep, representing even larger portfolios of airlines.
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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