MAKEMYTRIP LTD (MMYT) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of MAKEMYTRIP LTD (MMYT) from OUTPERFORM to NEUTRAL on July 30, 2014, with a target price of $33.30.

MakeMyTrip Limited is an online travel service company which offers travel products and solutions in India and the United States. The Company's services and products include air tickets, customized holiday packages, hotel booking, railway tickets, bus tickets, car hire and facilitating access to travel insurance. MakeMyTrip Limited is the parent company of MakeMyTrip (India) Private Limited and MakeMyTrip.com Inc. Through its primary website, www.makemytrip.com, and other technology-enhanced platforms, the Company provides access to all major domestic full-service and low-cost airlines operating in India, all major airlines operating to and from India, a wide selection of hotels in and outside India, Indian Railways and several major Indian bus operators. MakeMyTrip Limited is based in Gurgaon, India.

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