$YTRA 1.7M Float – The Priceline, AirBnb, Uber Of India?

New info……………YTRA Float Just Under 2 Million …………..will finish article soon.

 

To compare with $MMYT market cap based on revenues, $YTRA would need to be $26-$30 +
$YTRA New QUALITY swing for me (NOT DAYTRADE) unknown India stock…… $YTRA …India online travel #2 player (voted most trusted) has 1/3 revs of $MMYT and only 1/10 the market cap……currently there are 34m shares o/s to have 1/3 market cap of $MMYT would be $30…….Price to sales way off also $YTRA (P/S =2) vs $MMYT (P/S =8)…….has a deal with uber….has a deal to have largest installed mobile base in India ……has their own airbnb type network……..India stocks are scarce and all at highs not many ways to play India consumer / economy………India funds will need to buy imo……….unknown play was a SPAC at $10……..closely held by big name funds including Intel Ventures , Reliance , IDG India , Valiant ……..IR said float 2m

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YTRA Website

 

Disclaimer: I am long YTRA. This is not investment advice. The valuation section does not represent price target predictions whatsoever. The stock in this article may never appreciate in price and may depreciate in price. Do not make investment decisions based on this article. This article is for information only. I am not an investment advisor. I am not responsible for your investment decisions. I may sell my position in YTRA at any time. Low float stocks can have high risk.