The story behind MakeMyTrip.com is very interesting. The company started in 2000 when the Internet hype in the stock markets had already reached its zenith. The idea was as simple as well: The Go home page, organized trips for expatriate Indian executives in the United States. Since then, MakeMyTrip has blossomed into the largest Internet travel agency in India.
The superlatives at the start of the stock: MakeMyTrip managed with an increase of 89 percent, the highest price appreciation of a new issue on the first trading since the year 2007. In September 2007, the healthcare provider athenahealth, an increase of 97 percent was achieved.
The subsequent price increase to $ 36 corresponds to a price increase of 157 percent within the first two weeks of trading of the stock. MakeMyTrip was the first Indian company since July 2006, which has taken the plunge on the U.S. stock market. Last WNS Holding, a typical Indian business process outsourcing company on the New York Stock Exchange had gone to the start. Since 1999, MakeMyTrip was only the third Indian company ever, which conducted an IPO in the U.S..
The superlatives at the start of the stock: MakeMyTrip managed with an increase of 89 percent, the highest price appreciation of a new issue on the first trading since the year 2007. In September 2007, the healthcare provider athenahealth, an increase of 97 percent was achieved.
The subsequent price increase to $ 36 corresponds to a price increase of 157 percent within the first two weeks of trading of the stock. MakeMyTrip was the first Indian company since July 2006, which has taken the plunge on the U.S. stock market. Last WNS Holding, a typical Indian business process outsourcing company on the New York Stock Exchange had gone to the start. Since 1999, MakeMyTrip was only the third Indian company ever, which conducted an IPO in the U.S..
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