TBO Tek shares gain 3%; Nuvama initiates 'Buy' with Rs 2,200 target

Economic Times - Oct 1, 2026

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.

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