News Overview

FPIs net sold $(2,283) Million in Indian equities amidst a lot of confusing signals sent out by Donald Trump

On January 1, 2025, the company secured a ₹43.31 crore road development project in Rajasthan after it emerged as the lowest bidder.

Operating revenue fell 3% YoY from ₹2,046 crore to ₹1,979 crore last fiscal.

MakeMyTrip generates revenues from its four main business segments: Air Ticketing, Hotels and Packages, Bus Ticketing, and Other Services.

The announcement was made after signing a memorandum of understanding (MoU) at the World Economic Forum in Davos, Switzerland on January 22, 2025.

Axis Bank is the only stock that hit a 52-week low in Sensex and in Nifty

EBITDA rose 39.2% YoY to ₹2,215.7 crore, with the EBITDA margin expanding by 300 basis points, climbing to 36.5% from 33.5% in the prior year

We also propose for a ‘Gold linked credit line via UPI’ that can go a long way in helping households/small business owners meet their financing needs and monetise idle gold jewellery.

The company's revenue from operations also grew healthily, up by 10.6% YoY to ₹943 crore, as against ₹853.5 crore in Q3 FY24.

To this end, we expect the government to announce long-term funding mechanisms or partial credit enhancement programs, tailored specifically for NBFCs.