MMYT - Ebix Is Listening; Shares Are A Strong Buy On Analysis Of Q3 Results

• Ebix’s third quarter results - just released - revealed massive intrinsic potential despite the COVID-19-afflicted times.
• My opinion on the lack of BOD oversight has been detailed in previous articles; even though the BOD has not been overhauled, Ebix has clearly been listening.
• A material change in prospects for both, the legacy Insurance Exchange division in the US and in EbixCash India, has not yet been fully digested by the market.
• Read on to understand why a two-bagger is imminent, as investor distrust – albeit warranted – is exaggerated.
• A new sense of urgency instilled in management is evident in the 3Q results; an intelligent acquisition just announced augurs well. Further progress will propel the share upwards.

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