MakeMyTrip Stock News

MakeMyTrip has formed a base after rallying 118% year to date. The stock is in the growth IBD 50 list and holds strong ratings.

MakeMyTrip Limited (NASDAQ:MMYT ) Q2 2025 Earnings Conference Call October 23, 2024 7:30 AM ET Company Participants Rajesh Magow - Co-Founder & Group Chief Executive Officer Mohit Kabra - Group Chief Financial Officer Vipul Garg - Vice President, Investor Relations Conference Call Participants Sachin Salgaonkar - Bank of America Manish Adukia - Goldman Sachs Gaurav Rateria - Morgan Stanley Adit...

GURUGRAM, India & NEW YORK--(BUSINESS WIRE)---- $MMYT #Goibibo--MakeMyTrip Limited plans to report its fiscal 2025 second quarter financial and operating results before markets open on Wednesday, October 23, 2024.

Shares of MakeMyTrip Ltd (MMYT, Financial) fell 5.17% in mid-day trading on Oct 2. The stock reached an intraday low of $86.64, before recovering slightly to $86.93, down from its previous close of $91.67.

Shares of Indian travel and tourism company MakeMyTrip Ltd. (MMYT) have more than doubled on the back of record bookings.

Dublin, Aug. 20, 2024 (GLOBE NEWSWIRE) -- The "Tourism Destination Market Insight: India (2024)" report has been added to ResearchAndMarkets.com's offering. This report provides a thorough insight into the Indian domestic and inbound tourism market. The report looks at the key trends affecting the Indian tourism market, as well as the types of tourism the region is popular for.

Buy rating for MakeMyTrip due to its robust long-term growth runway supported by a strong domestic and international travel industry. MMYT is the largest player in India's online travel agency market, with strong revenue growth and margin expansion potential. The expected target price for MMYT is $111 based on a 9.2x forward revenue multiple.

In June 2010, Tesla (NASDAQ: TSLA ) was listed with a market valuation of $2.23 billion. Currently, the EV maker commands a market valuation of $785 billion.