शुभ दीपावलीDiwali offer: 3 months free on yearly plans · ends 11 NovSee plans
IXIGOBSELE TRAVENUES TECHNOLOGY L· Leisure ServicesHighNegative
Announced Fri, 7 Aug, 2026 · 15:04 IST

Ixigo loses GST appeal, plans further challenge at tribunal

IXIGO · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-10.9%Reaction day
₹198.96
prior close
₹175.55
announcement price
In-mkt
timing
Nifty Microcap 250market+0.0%-11.0% vs market
Tour Travel Related Services peers, median of 6sector-0.4%-10.6% vs sector

On the reaction day the stock moved 11.0 pts less than Nifty Microcap 250 and 10.6 pts less than its Tour Travel Related Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
-0.2
10m
-0.0
15m
+0.9
30m
—
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-10.9+0.0-11.0-0.4-10.6
Next day
-8.5-0.0-8.5+0.0-8.5
2d
-7.7-0.2-7.5+2.2-9.9
3d
-10.2+0.2-10.4-0.1-10.1
4d
-13.6+0.3-14.0+0.9-14.5
5d
-12.5+0.4-12.9+0.4-12.8
1w
-13.8+0.9-14.7+0.9-14.7
15d
-17.9+1.6-19.5-3.7-14.3
1m
-16.5+2.0-18.5-0.9-15.6
2m
-20.6+0.6-21.1-10.0-10.6
3m
—————
UpDownMarket · Nifty Microcap 250Sector · Tour Travel Related Services peers, median of 6Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Le Travenues Technology (Ixigo) received an Order-in-Appeal from CGST Appeals, Gurugram rejecting its six appeals against a GST demand of about Rs 89.8 lakh plus equal penalty and interest for FY 2017-18 to 2022-23. The dispute concerns whether services rendered to overseas entities like Booking.com qualify as intermediary services or export of services. The company says it has a strong case on merits and will file a further appeal before the GST Appellate Tribunal. No change in previously disclosed quantum.

Likely market impact

First-level GST appeal rejected but matter continues at higher tribunal. No material financial impact expected besides legal costs.