'Buy For 76% Upside': Application software provider stock jumps 8% as Investec sees limited AI risk
Published on 01/04/2026 09:31 AM
'Buy For 76% Upside': Application software provider stock jumps 8% as Investec sees limited AI riskInvestec described RateGain as a differentiated travel-tech platform with a strong, integrated capability stack, which it believes is unmatched in the industry.By Meghna Sen April 1, 2026, 9:31:17 AM IST (Published)1 Min ReadShares of RateGain Travel Technologies Ltd. jumped over 8% in early trade on Wednesday, April 1, after brokerage firm Investec initiated coverage on the stock with a 'Buy' rating.
The brokerage has a price target of ₹775 per share, implying a potential upside of 76% from the stock's last closing price.
Investec described RateGain as a differentiated travel-tech platform with a strong, integrated capability stack, which it believes is unmatched in the industry.
The brokerage also said that the potential impact of AI-led disruption on the company's business remains limited.
However, it highlighted that execution will be key for the company to sustain its competitive moat and strategic advantage.
Investec further pointed out that RateGain's market capitalisation is nearly a fourth of Affle 3i, despite operating at a comparable scale within the travel-focused MarTech space.
Among analysts tracking the stock, nine out of 10 have a 'Buy' rating, while one has a 'Sell' recommendation.
Shares of RateGain Travel Technologies were trading 7.48% higher at ₹472. Despite the sharp rally, the stock remains down 33% so far this year.Continue ReadingNote To ReadersDisclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.TagsRateGain Travel NewsRateGain Travel Share PriceRateGain Travel Sharesshare market today