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home / news releases / MMYT - MakeMyTrip: Attractive Indian Online Travel Platform But Valuation Hard To Justify

MMYT - MakeMyTrip: Attractive Indian Online Travel Platform But Valuation Hard To Justify

MakeMyTrip Limited
  • MakeMyTrip is a leading online travel platform focused on the fast-growing Indian market.
  • The company has been hit hard by COVID related travel disruptions with financial performance falling off sharply compared to the prior year.
  • This is a good longer term growth story given demographic tailwinds and the company's differentiated technology solution.
  • However, valuation is not compelling and I am neutral at this time.

For further details see:

MakeMyTrip: Attractive Indian Online Travel Platform But Valuation Hard To Justify
Stock Information
Company Name: MakeMyTrip Limited
Stock Symbol: MMYT
Market: NASDAQ
Website: makemytrip.com
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