Nasdaq-listed MakeMyTrip valuations continue to defy gravity

Nasdaq-listed MakeMyTrip valuations continue to defy gravity

Visual from Makemytrip website

As if MakeMyTrip Ltd’s valuation wasn’t high enough, investors in the Nasdaq-listed company have taken it to far greater heights. The company reported higher-than-anticipated growth for the quarter ended December 2016, after which its stock rose by nearly 10%.

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