Professional
Added to YB: 2024-10-08
Pitch date: 2024-09-30
MMYT [bullish]
MakeMyTrip Limited
-8.25%
current return
Author Info
No bio for this author
Company Info
MakeMyTrip Limited, together with its subsidiaries, operates as a travel service provider in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, Cambodia, and Indonesia.
Market Cap
$7.3B
Pitch Price
$93.51
Price Target
N/A
Dividend
N/A
EV/EBITDA
47.70
P/E
110.71
EV/Sales
7.73
Sector
Hotels, Restaurants and Leisure
Category
growth
Artisan Developing World Fund Portfolio Holding: MakeMyTrip Limited
MMYT: Strong domestic & outbound Indian travel demand driving growth despite affordability issues. Fixed cost base maintains profitability. July 2023 investment from Nvidia sale proceeds. Contributed 638bps to portfolio performance. Seen as high-potential 'Blossom' investment in underrepresented Indian market.
Read full article (1 min)