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HSBC Initiates Coverage On MakeMyTrip with Buy Rating, Announces Price Target of $70

BenzingaBenzinga Newsdesk

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  1. The Motley FoolKeith Noonan

    Why MakeMyTrip Stock Is Skyrocketing Today

    MakeMyTrip stock surged 9.66% following better-than-expected Q1 earnings ($0.53 EPS vs. $0.43 forecast), despite revenue missing estimates at $285.5M. The stock also benefited from broader travel industry optimism driven by news of potential Iran war de-escalation, which could reduce energy prices and ease travel concerns.