When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
MMYT - MakeMyTrip: Favorable Growth Outlook With Profitability Improvement Potential
MakeMyTrip Limited
2024-04-24 01:47:31 ET
Summary
Looking forward, India's online travel market has the potential to grow significantly in line with the expansion of the country's internet user base and middle-income population.
MMYT is a good play to capitalize on the Indian online travel industry's future growth, as it is the country's largest Online Travel Agency or OTA.
I assign a Buy investment rating to MakeMyTrip in view of the company's positive financial prospects.