Le Travenues Technology soars on partnering with Amadeus
Le Travenues Technology is currently trading at Rs. 134.30, up by 3.30 points or 2.52% from its previous closing of Rs. 131.00 on the BSE.
The scrip opened at Rs. 133.50 and has touched a high and low of Rs. 135.40 and Rs. 132.55 respectively. So far 17134 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 196.45 on 26-Jul-2024 and a 52 week low of Rs. 118.75 on 28-Jan-2025.
Last one week high and low of the scrip stood at Rs. 135.40 and Rs. 123.25 respectively. The current market cap of the company is Rs. 5227.48 crore.
The Institutions holding in the company stood at 69.26%, while Non-Institutions held 30.74% in the company.
Le Travenues Technology (ixigo) has partnered with Amadeus, a global leader in travel technology, to enhance its airline content offering. Through this collaboration, the company will integrate Amadeus' advanced EDIFACT (Electronic Data Interchange for Administration, Commerce and Transport) and NDC (New Distribution Capability) content into its platform.
This integration will enable the company to provide travelers with greater choice, flexibility, and a seamless flight booking experience. By leveraging Amadeus' technology, ixigo will be able to enhance its travel offerings, introduce advanced post-booking services, and create a more comprehensive journey for users. This collaboration will also provide ixigo access to a broader range of travel options on a single platform, eliminating the need for costlier and less scalable alternatives.
Le Travenues Technology is an online travel agency (OTA) that enables travellers to book train, flight, and bus tickets as well as hotels via its OTA platforms under the brand name ‘ixigo’.
