MMYT - MakeMyTrip: Potential Play On Indian Travel Market Recovery But Strong Earnings Growth Needed
- MakeMyTrip has seen a significant revenue hit in 2021 as a result of travel restrictions.
- However, the company has strong potential for growth, given its exposure to a large travel market across India with high growth potential.
- That said, earnings growth would need to be quite high to justify significant upside from here.
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MakeMyTrip: Potential Play On Indian Travel Market Recovery, But Strong Earnings Growth Needed