Antique retains buy on Yatra; Middle East impact temporary, sees 87% upside
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Antique Stock Broking has maintained a ‘Buy’ rating on Yatra Online, citing strong fundamentals despite temporary disruptions in its MICE segment due to Middle East tensions. The brokerage expects a 20% growth in corporate travel and a 10% growth in B2C, driven by technology upgrades and strategic partnerships. Although earnings estimates for FY26–FY28 were trimmed by 4%, the target price was revised to ₹187, implying an 87% upside from the current price of ₹99.59. Yatra's strong client base and focus on corporate travel position it well for future growth.
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