MakeMyTrip Stock News

MakeMyTrip stock has surged 127.23% in a year, driven by record-breaking growth and favorable macro trends, with FY 2025 showing promising results. Despite a premium valuation, a TTM PEG of 0.18 suggests MMYT may be undervalued, with significant growth prospects in India's booming travel industry. The company has delivered positive earnings for nine consecutive quarters, with major revenue from...

I reiterate my buy rating for MakeMyTrip Ltd. due to its strong market leadership, scale, and product innovation driving growth and profitability. MMYT's 3Q25 results showed a 25% y/y revenue increase and a 38% y/y rise in adj EBIT, reinforcing its favorable growth outlook. MMYT's strategic investments in tier 2 and 3 cities and product innovations like GenAI and part-payment options enhance it...

MakeMyTrip Limited (NASDAQ:MMYT ) Q3 2025 Earnings Call January 23, 2024 7:30 AM ET Company Participants Vipul Garg - VP, IR Rajesh Magow - Co-Founder & Group CEO Mohit Kabra - Group CFO Conference Call Participants Sachin Salgaonkar - Bank of America Manish Adukia - Goldman Sachs Vijit Jain - Citigroup Ankur Rudra - J.P. Morgan Gaurav Rateria - Morgan Stanley Vipul Garg Good evening everyone.

GURUGRAM, India & NEW YORK,--(BUSINESS WIRE)---- $MMYT #FinancialResults--MakeMyTrip Limited plans to report its fiscal 2025 third quarter financial and operating results before markets open on Thursday, January 23, 2025.

This travel stock is in a buy zone as earnings accelerate. Its profits have surged by 52% and Wall Street funds have been snapping up shares.

Indian online travel company MakeMyTrip Ltd. (MMYT) is growing at a torrid pace.

MakeMyTrip climbed to a new high Friday. The stock and two others are in buy zones with one gaining more than 140% this year so far.

Shares of the India-based travel stock MakeMyTrip are just pennies below a buy point, and are up a whopping 138% year to date. The post This Travel Stock Nears Buy Point After Whopping 138% Year-To-Date Gain appeared first on Investor's Business Daily.