Rate Gain - Double botton Neckline Breakout

May 19

RateGain - has formed Double bottom pattern on the weekly chart.
One can Buy Above 740 with strict SL - 655


Disclaimer : Educational Content. do your own research.

May 21

Trade closed: target reached

Excellent Results

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RateGain Travel #Q4FY24
Excellent results 👏 👏

Revenue at 256 Cr, growth of 40% YoY

EBITDA at 54 Cr, growth of 68% YoY
EBITDA margin at 21.2% vs 17.6%

NeT Profit at 50 Cr, growth of 48.1% YoY

FY24 OCF 152 Cr vs 52 Cr
Cash at 390 Cr vs 200 Cr

Receivables 205 Cr vs 160 cr