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Stock impact report

MakeMyTrip: Business Should Continue To Grow For A Long Time [Seeking Alpha]

MakeMyTrip Limited - Ordinary Shares (MMYT) 
Last makemytrip limited - ordinary shares earnings: 2/11 06:25 am Check Earnings Report
US:NASDAQ Investor Relations: investors.makemytrip.com
Company Research Source: Seeking Alpha
GST cuts on hotel rooms drove a 23% y/y surge in mid-to-budget hotel volumes, significantly expanding MMYT's customer funnel. Ancillary services revenue grew 45.5% y/y, enhancing unit economics and offering high incremental margins with minimal acquisition costs. MMYT's premium valuation is justified by superior EBITDA growth expectations; risks include elevated marketing spend and near-term base effects. MoMo Productions/DigitalVision via Getty Images Investment overview I wrote about MakeMyTrip Ltd ( MMYT ) previously with a buy, based on the view that MMYT had evolved beyond being a simple domestic air proxy. My view has been strengthened by the This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than Show less Read more
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