India, Feb. 28 -- Shares of travel tech company TBO Tek nosedived over 6% to INR 1,273 during the intraday trading session on the BSE today (February 28).
With a drop in its share price, the company's market capitalisation stood at INR 13,870 Cr at 12:38 PM with more than 1.27 Lakh shares traded hands by then.
The stock slightly recovered at the time of writing and was trading 5.8% lower at INR 1277.35 apiece on the BSE.
Earlier this month, brokerage PhillipCapital reaffirmed its 'buy' call on TBO Tek, citing strong business growth in the December quarter. The brokerage gave the stock a target price of INR 2,090.
At the current market price, the stock lost over 9% in the last one year and around 18% in the past month.
(The story will b...