Yatra Online Limited recently witnessed a significant bulk deal as its promoter arm THCL Travel Holding Cyprus Limited divested a portion of its stake in the company.
THCL Travel Holding Cyprus Limited sold 28.33 lakh equity shares, amounting to 1.80% of Yatra’s total equity, at an average price of Rs 158.05 per share, totaling around Rs 45 crore.
Before the transaction, the promoter entity held a 57.396% stake with 9.01 crore shares, which decreased to 55.59% with 8.72 crore shares post-sale.
In terms of financial performance, Yatra’s Q3 FY26 revenue rose to Rs 257 crore from Rs 235 crore in Q3 FY25. However, profit dropped by 20% to Rs 8 crore from Rs 10 crore in the same period.
Following today’s trading session, Yatra’s stock price was at Rs 155.78, experiencing a 3.76% decline. The company’s market capitalization reached approximately Rs 2,444 crore ($265 million).
Source: Entrackr : Latest Posts