India, Aug. 11 -- India's travel and tourism market is expected to nearly double by FY28, and online travel bookings are growing even faster than the overall market. Against that backdrop, one of the country's most recognised travel-tech names has just wrapped up its June quarter, and the numbers are worth a closer look, especially with the stock still well off its highs.

Le Travenues Technology is trading at Rs180.7, down 0.8% in the day, giving it a market cap of around Rs7,966 crore. It trades at a consolidated P/E of about 90.44 times, which is on the higher side, and it's currently sitting close to 46% below its 52-week high of Rs339.15.

A Solid June Quarter Le Travenues Technology, the parent of ixigo, ConfirmTkt and AbhiBus, repo...