Ixigo Shares Jump After Acquiring Majority Stake in Brevistay Hospitality

Ixigo's stock rose following a strategic acquisition. The company secured a majority stake in Brevistay Hospitality. The deal expands Ixigo's portfolio into the hospitality sector. It reflects a diversification strategy beyond travel services. Business Standard reported the market reaction. The acquisition positions Ixigo for new revenue streams. Details of the transaction were not disclosed. The move signals confidence in the hospitality market.