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.
Elevator Pitch
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For further details see:
MakeMyTrip: Favorable Growth Outlook With Profitability Improvement Potential