Shares of the online travel aggregator Yatra jumped about 5.6% to INR 81.69 apiece on the BSE during the intraday trading session today (February 19), reviving after extending losses for the last 19 sessions consecutively.
The stock, however, shed some gains to trade nearly 3% up at INR 79.67 per share as of 12:00 PM, on the BSE, while the market capitalisation currently stands at INR 1,250.15 Cr.
The company’s shares closed at INR 77.38 apiece as of yesterday (February 18).
The share gains comes a day after the stock hit a second consecutive 52-week low at INR 77.77 on February 18.
It is pertinent to note that the stock has been set on the downward trend on charts since the start of the year, by ending only two sessions in green, as of its last close.
Despite reporting strong third quarter earnings led by robust growth in its hotels and packages business, Yatra’s stock has remained in red. The stock has lost 34.6% in value, year-to-date.
The corporate travel services provider’s consolidated profit after tax (PAT) skyrocketed 845% to INR 10 Cr in Q3 FY25 from INR 1.05 Cr in the year-ago period. Its operating revenue zoomed 113% to INR 235.25 Cr in Q3 FY25 from INR 110.34 Cr in the year-ago quarter.
Meanwhile, the stock’s revival comes at the light of Indian benchmark indices having opened higher today, as stronger financial performance of the listed corporates overshadowed the uncertain effect influenced by the US President Donald Trump’s tariff plans.
The BSE Sensex was up 0.38% at 76,256.28, while the Nifty50 fell 0.29% to 23,010.80, as of 12:18 PM.
