"Yatra Online surges 35% in 3 days after brokers raise target on strong Q2 results"

Yatra Online shares jump 35% in just 3 days Yatra Online Limited has seen a sharp rise of around 35% in its stock price over the last 3 days, following strong Q2 FY26 results. Key Highlights from Q2 FY26: Net Profit: ₹14.28 crore, almost double from ₹7.30 crore in the same quarter last year. Revenue: Increased by 48% YoY to ₹350.87 crore. EBITDA: Grew by ~125%, with healthy margins of ~20%. Debt Reduction: Gross debt reduced from ~₹54.6 crore in March to ~₹21.1 crore in September, strengthening liquidity. Management Guidance: Adjusted EBITDA growth target for FY26 revised from ~30%+ to 35–40%. Brokerages Opinion: JM Financial Ltd: Maintained “Buy” rating; target price raised from ₹190 to ₹215 (~16% upside). Antique Stock Broking Ltd: “Buy” rating with target price ₹230 (~24% upside). Insights: Yatra Online is showing a strong recovery in the travel and hospitality sector. The company has reduced debt, improved profitability, and brokerages have raised target prices indicating market confidence. While the upside potential is clear, investors should remain aware of macroeconomic risks and sectoral uncertainties.