Yatra Shares Slump 3% To Hit Fresh 52-Week Low

SUMMARY

The new 52-week figure for the stock is a 56.6% downsize from the 52-week high of INR 179.45 reported on February 20, 2024

Even at 11:37 AM, the stock was hovering at INR 77.99, down 2.8% from the previous close of INR 80.25

Yatra has experienced significant volatility in recent times with six out of its seven last trading sessions ending in the red

Extending its downward trend, shares of Yatra fell 3% to hit a second consecutive 52-week low at INR 77.77 during early trading on the BSE today (February 18), after recording a fresh low just a day earlier.

The new 52-week figure for the stock is a 56.6% downsize from the 52-week high of INR 179.45 reported on February 20, 2024.

Even at 11:37 AM, the stock was hovering at INR 77.99, down 2.8% from the previous close of INR 80.25.

The company’s market capitalisation stood at INR 1,222.53 at the above-mentioned time with a trading volume of 86K.

Yatra has experienced significant volatility in recent times with six out of its seven last trading sessions ending in the red.

However, brokerage firm JM Financials Yesterday raised its price target for Yatra from INR 135 to INR 140, retaining the buy rating.

Even after announcing strong December quarter earnings on February 11, Yatra’s stock dropped 8.93% in the last 5 sessions at the current market price.

The online travel platform posted an 845% year-on-year jump in consolidated profit after tax (PAT) to INR 10 Cr in Q3 FY25, up 37% from INR 7.34 Cr in the previous quarter.

Revenue from operations more than doubled, rising 113% year-on-year to INR 235.25 Cr. However, it dipped slightly by 0.4% from INR 236.40 Cr on a quarterly basis.

Despite these results, Yatra’s stock has lost over 24% in the past month and 53% over the last year.

Today’s stock dip aligns with the broader dip in the Indian benchmark indices. At 11:50 AM, BSE Sensex was trading at 75,728.90, down 267.96 points or 0.3% while Nifty50 was at 22,870.35, down 89.15 points or 0.3%.

The Indian equities market has seen a sharp decline in 2025 so far, led by FII outflows (with over $10 Bn exiting Indian equities this year), slowing growth, weaker-than-expected earnings, a weakening rupee, and elevated valuations.

With Indian equities in a bearish phase, investors have been banking on corporate earnings to provide some relief. However, recent data suggests otherwise.

According to research by Motilal Oswal Financial Services, the profit-after-tax (PAT) of Nifty 50 companies grew just 5% year-on-year in the December 2024 quarter, marking the third consecutive quarter of single-digit profit growth.

Segment-wise, large-cap companies met expectations, mid-caps outperformed, while small-caps saw significant earnings misses, raising concerns about broader market performance.

With earnings failing to keep pace with the sharp share-price surge witnessed during the bull run that peaked in September 2024, further corrections could be on the horizon.