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Since 2010, MakeMyTrip (MMYT) has been trading in a range, and currently it is at its IPO price. It has performed very poorly over the past 10 years, far underperforming the S&P 500. However, as the leader in Indian online travel, and with a massive investment by Trip.com (TCOM), we believe now is the time for MMYT to shine.
Source: Seekingalpha
What is MMYT?
MMYT is a leading online travel agency in the Indian travel market; it provides air ticketing, hotels and package bookings. It owns the MakeMyTrip, goibibo and redBus brands. Its