RateGain Travel Technologies is currently trading at Rs. 783.45, up by 14.05 points or 1.83% from its previous closing of Rs. 769.40 on the BSE.
The scrip opened at Rs. 762.85 and has touched a high and low of Rs. 792.25 and Rs. 762.85 respectively. So far 7873 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 899.70 on 07-Feb-2024 and a 52 week low of Rs. 314.00 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 899.70 and Rs. 759.95 respectively. The current market cap of the company is Rs. 9157.20 crore.
The promoters holding in the company stood at 51.27%, while Institutions and Non-Institutions held 27.44% and 21.29% respectively.
HotelKey, a leading hospitality platform, has selected RateGain Travel Technologies to enhance its distribution capabilities. HotelKey will utilize RateGain for seamlessly connecting to GDS systems and other demand partners.
RateGain’s connectivity solutions today connect to all the leading GDS systems of the world and power over 20% of all GDS transactions across all leading hotel chains. RateGain also helps enterprises with a more agile and tailored migration strategy that will enable HotelKey to perform a property-by-property migration, minimizing large-scale disruptions during the migration process.
This partnership marks a significant milestone for both HotelKey and RateGain as they continue to redefine standards in the hospitality technology landscape, providing hoteliers with innovative solutions for global distribution.
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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