RateGain jumps after Air Senegal selects company to emerge as leading Airline of Africa by using Accurate and Real-time Intelligence
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RateGain Travel Technologies is currently trading at Rs. 302.25, up by 2.20 points or 0.73% from its previous closing of Rs. 300.05 on the BSE.
The scrip opened at Rs. 300.85 and has touched a high and low of Rs. 311.95 and Rs. 300.85 respectively. So far 16359 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. 236.05 on 30-Jun-2022.
Last one week high and low of the scrip stood at Rs. 314.75 and Rs. 294.20 respectively. The current market cap of the company is Rs. 3274.90 crore.
The promoters holding in the company stood at 55.82%, while Institutions and Non-Institutions held 15.37% and 28.81% respectively.
Air Senegal, the national carrier of the Republic of Senegal, has selected RateGain Travel Technologies’ AirGain product to accelerate its growth in a dynamic market by getting access to accurate and real time market insights every day. Air Senegal today is West Africa’s leading airline carrier, expanded its domestic and international route network after launching in 2018 and later expanded into the long-haul sector with flights to Europe and the US.
Using AirGain Air Senegal will be able to track movements on all the important OND routes 80% faster to stay on top of market changes and give the most competitive offer to its customers. Designed to help revenue managers adapt to the post-pandemic world by offering critical market insights and competitive intelligence in an easy-to-consume and quick-to-understand UI allowing revenue teams across the world to make the right pricing decisions and unlock new revenue opportunities every day.
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.
