Madhav Chanchani’s Post

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Co-founder at The Arc | Mapping the arc of India's high-growth companies

🚨 MakeMyTrip has hit a $9 billion market capitalisation, with share price going up 3x in the last 12 months 🛫 🏨 India's largest online travel firm was listed on Nasdaq in 2010. On Wednesday, it reported a record net profit of $172 million 💰 A chronology of its share price August 2010: IPO at $14 per share December 2022: Hits $28 - 2x since IPO in over 12 years January 2023: Declares first net profit May 2024: Share price reaches $85 - 3x in the last 12 months #onlinetravel #makemytrip #ota #profit #valuation #cashflow #nasdaq https://lnkd.in/dNCrtuBD

MakeMyTrip’s market cap tops $9 bn after record profit | The Arc

MakeMyTrip’s market cap tops $9 bn after record profit | The Arc

thearcweb.com

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