RateGain Travel Technologies moves up on partnering with Profitroom
RateGain Travel Technologies is currently trading at Rs. 511.85, up by 0.60 points or 0.12% from its previous closing of Rs. 511.25 on the BSE.
The scrip opened at Rs. 507.95 and has touched a high and low of Rs. 520.00 and Rs. 507.95 respectively. So far 21062 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. 555.40 and Rs. 498.70 respectively. The current market cap of the company is Rs. 6025.61 crore.
The promoters holding in the company stood at 48.16%, while Institutions and Non-Institutions held 29.05% and 22.79% respectively.
RateGain Travel Technologies has entered into strategic partnership with Profitroom, an award-winning hospitality technology provider, to help hotels in the Middle East and Africa expand their reach and optimize distribution through seamless channel connectivity. With APMEA being a key growth market for the company, driven by rapid digital adoption and evolving travel trends, this collaboration reinforces the company’s focus on expanding its footprint, strengthening partnerships, and delivering AI-powered solutions that enable customers to maximize revenue and enhance distribution.
Profitroom’s hotel technology will integrate with the company’s industry-leading channel manager, giving hoteliers real-time connectivity to 400+ demand partners worldwide and the ability to maintain accurate rates and availability across all platforms.
RateGain Travel Technologies (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.
