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MMYT - MakeMyTrip In A Good Position For Further Growth
MakeMyTrip Limited
MakeMyTrip has seen a significant rebound in gross booking demand for both Air Ticketing and Hotels & Packages.
While higher fuel costs may affect air ticketing demand, Indian carriers are currently at a significant advantage to their Western counterparts in facilitating travel to Europe and North America.
I am cautiously optimistic that the company could see further upside from here.