TBOTEK

** Indian tourism stocks .NIFTYINDTOURISM decline 2.5%, taking their 2-day drop to 5%

** The fall aligns with growing tensions between India and Pakistan as the nuclear-armed neighbours have been locked in conflict since Wednesday

** Closure of airports and travel restriction on areas close to border will have impact on travel and hospitality business due to cancellation of bookings during holiday season, says ICICI Direct

** India's top airline IndiGo INGL.NS down 1.3%, while travel booking platforms Easy Trip Planners EASM.NS, IRCTC INIR.NS fall 3.1% and 1.3%, respectively

** Airports operator GMR Airports GMRI.NS falls 2%

** If escalation continues for a while it will have large impact on the business performance of the hotel companies in the near term - ICICI Direct

** Hotel operators Chalet Hotels CHAL.NS, Lemon Tree LEMO.NS slide 2.5% and 3.2%, respectively

** EIH EIHO.NS down 3%, Indian Hotels IHTL.NS slips 5.6%

(Reporting by Kashish Tandon in Bengaluru)

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April 8 (Reuters) - Tbo Tek Ltd TBOT.NS:

• RBI DENIES TBO TEK'S APPLICATION FOR 712.25 MILLION RUPEES PAYMENTS

Source text: ID:nBSE49bWw0

Further company coverage: TBOT.NS

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** BofA starts coverage on Spanish travel technology company HBX Group HBX.MC with "buy" rating, predicting a 91% upside potential

** The broker sees HBX's revenues outpacing the market at an 8.5% CAGR in 2024-2029

** The bank cites key drivers such as bundling mobility and experience, with the accommodation offering likely to raise take-rates, as well as the recently launched fintech and insurance services

** Despite similar growth rates, it notes the company trades 18%/49% below key rivals Amadeus AMA.MC and WEB WEB.AX, and adds it sees substantial long-term valuation upside potential as HBX executes its growth plans over time

** It says accommodation accounts for 88% of HBX revenues in hugely fragmented market, where top four competitors (Expedia EXPE.O, TBO TBOT.NS, Web Travel Group, HBX) hold only about a 10% share

** "We expect the market to consolidate toward the large companies, as most small operators are sub-scale and increasingly less competitive as large companies increasingly differentiate with technology," it adds

** It highlights that HBX is expanding into fast-growing areas like car rentals, transfer and experiences, in a market that's expected to grow 13% CAGR in the next few years

(Reporting by Marta Serafinko in Gdansk; Editing by Amanda Cooper)

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Feb 12 (Reuters) - Tbo Tek Ltd TBOT.NS:

• DEC-QUARTER CONSOL NET PROFIT 499.8 MILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 4.22 BILLION RUPEES

Source text: ID:nBSER1rZV

Further company coverage: TBOT.NS

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Dec 18 (Reuters) - Tbo Tek Ltd TBOT.NS:

• UNIT INCORPORATES WHOLLY OWNED SUBSIDIARY IN ISRAEL

Source text: ID:nBSE1wtlh6

Further company coverage: TBOT.NS

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Nov 21 (Reuters) - Tbo Tek Ltd TBOT.NS:

• CESTAT ALLOWED CO'S APPEAL AND SET ASIDE TAX ORDER FOR DEMAND OF 302.02 MILLION RUPEES

Source text: ID:nBSE4rVMGn

Further company coverage: TBOT.NS

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** Shares of TBO Tek TBOT.NS climb 3.4% to 1,737.95 rupees, set for third straight session of gain

** Jefferies starts coverage on stock with "buy" and PT of 2,000 rupees

** Jefferies' PT represents ~19% premium to last close and is second-highest among six analysts tracking TBOT - LSEG

** TBOT, which operates travel booking platform for businesses, is building a wholesale engine in travel tech space with rising contribution from margin-boosting hotels business, brokerage says

** Avg rating on TBOT is "strong buy"; median PT is 1,975 rupees - LSEG data

** Stock up ~24% since listing in May

(Reporting by Kashish Tandon in Bengaluru)

(([email protected]))

Aug 13 (Reuters) - Tbo Tek Ltd TBOT.NS:

• JUNE-QUARTER CONSOL NET PROFIT 609.2 MILLION RUPEES

• JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 4.18 BILLION RUPEES

Source text for Eikon: ID:nBSER2xj4

Further company coverage: TBOT.NS

(Reporting by VijayDattaram Malkar)

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May 30 (Reuters) - Tbo Tek Ltd TBOT.NS:

• TBO TEK MARCH-QUARTER CONSOL NET PROFIT 466.3 MILLION RUPEES VERSUS PROFIT 267.5 MILLION RUPEES

• TBO TEK MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 3.69 BILLION RUPEES VERSUS 2.81 BILLION RUPEES

Source text for Eikon: [ID:]

Further company coverage: TBOT.NS

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** Shares of TBO Tek TBOT.NS jump 49.2% in trading debut vs IPO price of 920 rupees

** TBOT, which provides services to travel agents and tour operators, opens at 1,426 rupees; stock so far above IPO price

** At current levels, co valued at 149.09 bln rupees ($1.79 bln)

** "TBO Tek witnessed a stellar debut, exceeding pre-listing expectations of 40% premium" - Shivani Nyati, Head of Wealth, at Swastika Investmart

** Co raised 15.51 bln rupees in IPO of fresh share issue worth 4 bln rupees, offer for sale of shares worth 11.51 bln rupees - prospectus

** IPO oversubscribed 86.70x last week - exchange data

($1 = 83.5025 Indian rupees)

(Reporting by Rama Venkat in Bengaluru)

(([email protected]; https://twitter.com/ramavenkat0607;))