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MakeMyTrip Limited (MMYT): A Bull Case Theory

We came across a bullish thesis on MakeMyTrip Limited on Stock Analysis Compilation’s Substack. In this article, we will summarize the bulls’ thesis on MMYT. MakeMyTrip Limited's share was trading at $101.62 as of July 24th. MMYT’s trailing P/E were 118.49 according to Yahoo Finance.

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MakeMyTrip is India’s leading online travel agency (OTA), often seen as the Booking.com of India, leveraging an asset-light, cash-generative internet platform that connects over 80 million...