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MakeMyTrip: Morgan Stanley cuts stake value of investment by 6%

MakeMyTrip: Morgan Stanley cuts stake value of investment by 6%

Wednesday, April 5, 2017, 9:03 AM

Mutual fund investor Morgan Stanley has marked down the value of its investment in MakeMyTrip by close to 6% in the quarter ended December 2016. The shares in the travel portal were valued at $22.20 apiece in the October-December period of 2016, lower than the $23.59 per share in the three months to September 2016.
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