RateGain Shares Climb 2% After Air Montenegro Partnership to Boost Pricing Intelligence
By Ankur Chandra | Updated at: Jun 17, 2025 12:55 PM IST
Mumbai, June 17 – Shares of RateGain Travel Technologies Ltd (NSE: RATEGAIN, BSE: 543417) rose 2.04% to ₹437.45 in morning trade on Tuesday following a strategic partnership announcement with Air Montenegro to enhance airfare pricing agility across Europe. Air Montenegro, the national carrier of Montenegro, has chosen RateGain’s AirGain platform, capable of AI-driven airfare pricing and AI-powered Route Performance Digest, a first-of-its-kind feature.
Stock Snapshot (As of 11:07 AM IST, June 17)
| Metric | Value |
|---|---|
| Current Price | ₹437.45 |
| Previous Close | ₹428.70 |
| Day’s Range | ₹429.35 – ₹437.90 |
| 52-Week High | ₹859.00 (30-Jul-2024) |
| 52-Week Low | ₹412.85 (07-Apr-2025) |
| VWAP | ₹433.51 |
| Traded Volume | 0.93 lakh |
| Traded Value | ₹4.03 crore |
| Market Cap | ₹5,164.25 crore |
| P/E Ratio | 24.22 |
RateGain’s stock climbed near its weekly high, supported by a strong VWAP and steady volume, indicating short-term bullish sentiment despite being well below its 52-week peak.
Partnership Highlights
RateGain has partnered with Air Montenegro to deploy its flagship airfare pricing intelligence platform, AirGain, across the airline’s network. This move will support Air Montenegro’s revenue and pricing teams by offering real-time competitor fare insights from both direct airline websites and indirect sources such as OTAs and GDSs.
The collaboration empowers the airline to adapt quickly to market dynamics, improving yield and load factor management across its expanding European routes. The deal also includes the introduction of AI-powered Route Performance Digest, enabling Air Montenegro to optimise pricing further with daily route-level insights and anomaly detection.
Vukadin Stojanović, CEO of Air Montenegro, said:
“This partnership with AirGain allows us to move from reactive to proactive pricing strategies, empowering our teams with reliable data and actionable insights that directly impact our commercial performance.”
Vinay Varma, SVP & GM of AirGain, added:
“With VUE, Air Montenegro’s revenue team now has access to real-time, travel-specific intelligence—powered by AI—that enables faster, sharper decision-making every day.”
Outlook
RateGain’s 2% rise signals early signs of a bullish reversal despite trading nearly 40% below its 52-week high. The Air Montenegro partnership could influence investor perception positively by highlighting RateGain’s continued relevance in AI-driven travel tech and the potential to regain growth momentum.
About RateGain
Founded in 2004 and listed since December 2021, RateGain is one of the world’s largest processors of travel intent data and electronic transactions. The Noida-headquartered company services over 3,200 clients across 100+ countries, including 26 of the top 30 hotel chains and 3 of the top 4 global airlines.
REF: https://nsearchives.nseindia.com/corporate/RATEGAIN_17062025105327_PR17062025.pdf
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