30-Mar-2026
MakeMyTrip falls amid short call from Morpheus Research
Seeking Alpha News (Mon, 30-Mar 11:03 AM ET)
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MakeMyTrip Deepens AI-First Strategy with OpenAI Collaboration
Business Wire (Wed, 18-Feb 5:30 AM ET)
Business Wire (Tue, 13-Jan 4:04 AM ET)
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MakeMyTrip Ltd is an online travel company, which provides online booking solutions for day-to-day travel needs. The company's operating segment includes Air ticketing; Hotels and packages; Bus ticketing and Others. It generates maximum revenue from the Hotels and packages segment. The Hotels and packages segments include internet-based platforms, call-centers, and branch offices, which provide holiday packages and hotel reservations. Its Air ticketing segment includes internet-based platforms, 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; South East Asia; Europe, and other countries.
Makemytrip Limited - trades on the NASDAQ stock market under the symbol MMYT.
As of March 30, 2026, MMYT stock price climbed to $36.37 with 3,378,910 million shares trading.
MMYT has a beta of 1.64, meaning it tends to be more sensitive to market movements. MMYT has a correlation of 0.32 to the broad based SPY ETF.
MMYT has a market cap of $3.45 billion. This is considered a Mid Cap stock.
Last quarter Makemytrip Limited - reported $311 million in Revenue and $.52 earnings per share. This beat revenue expectation by $2 million and exceeded earnings estimates by $.15.
In the last 3 years, MMYT traded as high as $123.00 and as low as $22.50.
The top ETF exchange traded funds that MMYT belongs to (by Net Assets): JETS, VT, SPEM, SMLF, INQQ.
MMYT has underperformed the market in the last year with a price return of -65.7% while the SPY ETF gained +12.7%. MMYT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -56.3% and -20.1%, respectively, while the SPY returned -8.2% and -4.3%, respectively.
MMYT support price is $34.69 and resistance is $37.91 (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.