TBO Tek shares gain 3%; Nuvama initiates 'Buy' with Rs 2,200 target
60-Word AI Digest
Shares of travel tech firm TBO Tek rose nearly 3% on Thursday to Rs 1,733 after brokerage Nuvama initiated coverage with a Buy rating and a Rs 2,200 target price. The brokerage expects a 35% earnings CAGR over FY27-FY29E, driven by international expansion and hotel business growth.
Key Takeaways
- Shares of travel tech firm TBO Tek rose nearly 3% on Thursday to Rs 1,733 after brokerage Nuvama initiated coverage with a Buy rating and a Rs 2,200 target price.
- The brokerage expects a 35% earnings CAGR over FY27-FY29E, driven by international expansion and hotel business growth.
- Full details and original dispatch available below.
Shares of travel tech firm TBO Tek rose nearly 3% on Thursday to Rs 1,733 after brokerage Nuvama initiated coverage with a Buy rating and a Rs 2,200 target price. The brokerage expects a 35% earnings CAGR over FY27-FY29E, driven by international expansion and hotel business growth.
Original Publisher Attribution
This summary was curated from Economic Times.