Shares of Rategain Travel Techologies stumbled 8 percent on February 18 after the company lowered its revenue guidance for the second time in FY25. With losses in today’s session, the stock also extended its losing run to the eighth consecutive session.
At 2.43 pm, shares of Rategain Travel Technologies were trading at Rs 498.40 on the NSE. The stock also hit an 18-month low of Rs 495.55 today.
RateGain Travel Technologies has revised its revenue growth forecast for FY25 to 12-13 percent, down from its earlier target of 15 percent, marking the second downward revision from its initial 20 percent projection. The company blamed deal delays and cautious enterprise spending, particularly in the US and European markets, as key factors…
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