** Shares of travel services provider Yatra Online YATR.NS surge as much as 16.54% to 133.9 rupees, their highest since October 1, 2024 and inching towards the IPO price of 142 rupees
** Stock last up 12%
** Stock up 34% in two sessions after reporting a fourfold rise in June-quarter profit, doubling revenue
** Investec hikes price target to 175 rupees from 155 rupees, retains "buy," citing consistently profitable portfolio
** Increases profit estimates by 16%, for fiscal year 2026
** Antique Stock Broking also hikes target price to 175 rupees from 136 rupees, citing stronger hotel performance and corporate segment growth
** Both brokerages' targets are Street-high among five analysts tracking YATR with an average "buy" rating and median price target of 145 rupees - LSEG data
** Last two sessions of trade see YATR shares trim YTD 0.7%, exchange data shows
(Reporting by Bharath Rajeswaran in Bengaluru)
((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))
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