RateGain Travel Technologies share price surged by 4.46% to reach an all-day high of ₹519.95 on Thursday, reflecting a bullish investor sentiment due to the introduction of an AI-Powered Digest which empowers airline operators to make data-driven decisions and enhance their route operations.
RateGain Travel Technologies provides a wide range of AI-powered SaaS solutions for the hospitality and tourism industry and enjoys a significant market presence in 100+ countries. It also processes travel intent data, electronic transactions, and various price points, thereby enabling organisations to improve their revenue management and marketing capabilities.
On the NSE (National Stock Exchange), the market capitalisation of RateGain Travel Technologies stands at ₹6,611.61 crore as of March 6, 2025.
At 3.18 PM on Thursday, RateGain Travel Technologies shares were trading at ₹504.25 apiece, up 1.51% from the previous close of Rs 496.75 on the NSE.
The company is expected to launch the new product in 2 phases- first, with an exclusive rollout for special customers in March, and later introduce it fully. The addition of a new analytical suite for enabling revenue managers to make data-driven decisions in March is further expected to further drive buying interest for investors.
Meanwhile, the market witnessed an upward trend in benchmark equity indices. The BSE Sensex and Nifty50 were trading at higher levels, indicating favourable investor perception regarding share price movement following news of a new product launch.
RateGain Travel Technologies’ share price surge reflects strong investor confidence fueled by the upcoming AI-powered product launches. As the company rolls out its new solutions, it is likely to continue driving growth and attracting interest, reinforcing its market position and boosting investor sentiment in the long term.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Mar 6, 2025, 4:14 PM IST
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