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December 12, 2012
07:09 EDTMMYTMakeMyTrip would be boosted by Kingfisher Airlines deal, says Oppenheimer
After MakeMyTrip jumped 6.6% yesterday on a report that Abu Dhabi's Etihad Airways is looking to buy a stake in India's Kingfisher Airlines, Oppenheimer believes that such a deal would keep Kingfisher afloat and could pave the way for other foreign airlines to invest in their Indian counterparts. Such a development could cause passenger volumes to increase and benefit MakeMyTrip and other Indian online travel agencies, according to the firm which maintains an Outperform rating on MakeMyTrip.
News For MMYT From The Last 14 Days
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May 15, 2015
07:37 EDTMMYTMakeMyTrip price target lowered to $25 from $35 at Deutsche Bank
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07:19 EDTMMYTMakeMyTrip sees FY16 revenue less service costs growth of 22%-26%
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07:16 EDTMMYTMakeMyTrip reports Q4 adjusted EPS (4c), consensus (3c)
Reports Q4 revenue less service costs $36.37M, consensus $39.92M. Gross Bookings reached $404.4M in Q4 and $1.65B in FY15, representing a year-over-year increase of 19.4% and 32.2% respectively. Results reported yesterday morning in a regulatory filing.
May 13, 2015
15:05 EDTMMYTNotable companies reporting before tomorrow's open
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