TBO Tek vs MakeMyTrip vs Ixigo: Why Jefferies has a Buy on one stock, sees 18% upside
Jefferies highlights medium-term growth and market-share opportunity across India’s listed travel-tech companies, with TBO Tek delivering the strongest quarter among the three companies in comparison. MakeMyTrip remains the largest by market capitalization, while Ixigo faces margin pressure due to investments in technology and hotels.