Domestic sales impressive; structurally, a long-term growth story; TP raised to Rs 20,800; ‘Buy’ maintained
Smart usage of AI and data modelling can help create safe and unique travel experiencesPowered by WPeMatico
Through this funnel, which is amongst the largest and the most selective in the country, we feel fortunate to get a first glimpse of the new ideas and startups that the next generation of Indian founders are aspiring to build.
EPS for FY22/23/24e up 14/17/18%; TP raised to Rs 1,340; ‘Hold’ maintained
Growth picking up; digital rollout is key; estimates revised by (2)-2%; TP up to Rs 6,000; downgraded to Sell as high growth is priced in
Smart usage of AI and data modelling can help create safe and unique travel experiences