RateGain gains on joining hand with FLYR to power smarter hotel pricing
RateGain Travel Technologies is currently trading at Rs. 648.00, up by 11.80 points or 1.85% from its previous closing of Rs. 636.20 on the BSE.
The scrip opened at Rs. 649.00 and has touched a high and low of Rs. 649.00 and Rs. 634.05 respectively. So far 6306 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 853.30 on 11-Nov-2024 and a 52 week low of Rs. 365.00 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 659.00 and Rs. 633.80 respectively. The current market cap of the company is Rs. 7639.76 crore.
The promoters holding in the company stood at 48.16%, while Institutions and Non-Institutions held 27.07% and 24.77% respectively.
RateGain Travel Technologies (RateGain) has entered into a strategic partnership with FLYR, a leading Revenue Management System provider in the United States. As part of this agreement, FLYR will offer the company’s software products, including the flagship Navigator platform, to hotel customers worldwide.
By offering company’s Navigator along with the FLYR platform, this partnership delivers real-time, high-fidelity rate intelligence and actionable insights, replacing data overload with clarity right where pricing decisions are made. As part of the agreement, FLYR Hospitality will offer these solutions to hotel customers, supported by product resources and demonstration environments from the company.
RateGain 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.
