Reported 1 day ago
A recent analysis highlights a bullish investment thesis for MakeMyTrip Limited (MMYT), India's leading online travel agency, which recently traded at $101.62. The company benefits from a rapidly growing travel market driven by increased disposable incomes and smartphone penetration. With a target of approximately 20% annual revenue growth and a strong cash-generative business model, MMYT is positioned for continued success in the online travel sector. Its solid brand equity and scalable operations enhance its leadership in India's market, making it an attractive investment opportunity amid ongoing digital transformation.
Source: YAHOO