Renewable energy stocks have surged significantly in the last year, with some witnessing a 450-500 per cent increase. Government support, strong tailwinds, and ambitious goals for clean energy in India are key factors driving this growth.
Yatra is three times larger than MakeMyTrip in the enterprise business, which has a TAM of Rs 1,004 billion, implying a potential revenue of more than Rs 5,000 crore for OTAs overtime, said Investec.
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