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Business Wire (Wed, 22-Jul 7:30 AM ET)
MakeMyTrip Ltd is an online travel company that provides online booking solutions for day-to-day travel needs. The company's operating segments include Air ticketing; Hotels and packages; Bus ticketing; and Others. It generates maximum revenue from the Hotels and packages segment. The Hotels and packages segment includes internet-based platforms, call centers, and branch offices, which provide holiday packages and hotel reservations. Its Air ticketing segment includes internet-based platforms and provides the facility to book domestic and international air tickets. Geographically, it derives a majority of revenue from India and also has a presence in the United States, Singapore, United Arab Emirates, Saudi Arabia, and many others.
Makemytrip Limited - trades on the NASDAQ stock market under the symbol MMYT.
As of August 26, 2026, MMYT stock price declined to $59.16 with 410,375 million shares trading.
MMYT has a beta of 2.00, meaning it tends to be more sensitive to market movements. MMYT has a correlation of 0.20 to the broad based SPY ETF.
MMYT has a market cap of $5.61 billion. This is considered a Mid Cap stock.
Last quarter Makemytrip Limited - reported $310 million in Revenue and $.53 earnings per share. This beat revenue expectation by $22 million and exceeded earnings estimates by $.18.
In the last 3 years, MMYT traded as high as $123.00 and as low as $32.67.
The top ETF exchange traded funds that MMYT belongs to (by Net Assets): JETS, SPEM, VT, SMLF, INQQ.
MMYT has underperformed the market in the last year with a price return of -42.1% while the SPY ETF gained +20.4%. However, in the short term, MMYT had mixed performance relative to the market. It has outperformed in the last 3 months, returning +38.4% vs +3.0% return in SPY. But in the last 2 weeks, MMYT shares have been beat by the market, returning -3.7% compared to an SPY return of -0.6%.
MMYT support price is $58.84 and resistance is $62.02 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MMYT shares will trade within this expected range on the day.
