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MMYT

MakeMyTrip Limited (NASDAQ)

Consumer Cyclical — Travel Services

MakeMyTrip Limited, together with its subsidiaries, operates as a travel service provider in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, Cambodia, and Indonesia. The company operates through three segments: Air Ticketing, Hotels, and Packages and Bus Ticketing. Its products and services include air ticketing, hotels and packages, bus tickets, rail tickets, and car hire; activities and experiences and ancillary travel requirements, such as facilitating access to third-party travel and other insurance products, foreign currency exchange services, and visa-related products and services under the MakeMyTrip, Goibibo, and redBus brands. The company allows travelers to research, plan, and book a range of travel services and products in India and internationally through its primary websites, including makemytrip.com, goibibo.com, redbus.in, and makemytrip.ae; and other technology-enhanced distribution channels, such as call centers, franchisee-owned travel stores, and travel agents' network, as well as its mobile applications. It primarily serves leisure travelers and corporates. The company was formerly known as International Web Travel Private Limited and changed its name to MakeMyTrip Limited in March 2010. MakeMyTrip Limited was incorporated in 2000 and is based in Gurugram, India.

Strong Buy 1.2 / 5 11 analysts
$58.19
+$4.90 (+9.19%)
Target: $71.09 (22.2%)
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Price History

52-Week Range

Fundamentals

Market Cap$5.52B
P/E Ratio (TTM)161.64
Forward P/E26.57
EPS (TTM)$0.36
Dividend Yield-
Profit Margin4.96%
Revenue Growth1.90%
ROE8.99%
Debt/Equity-
Recommendation Strong Buy 1.2
Analyst Target$71.09
Analysts11
Indexes NASDAQ

Technical Indicators

RSI (14)93.4
Beta1.00
SMA 20-
SMA 40-
52-Week High$104.99
52-Week Low$32.67
50-Day Avg$46.29
200-Day Avg$64.14
Avg Volume$1.21M
Volume$1.81M

Performance Analysis

NEUTRAL

MMYT presents a mixed picture with both positive and negative indicators.

~ Trading at 35% of its 52-week range.
- RSI at 93.4 indicates overbought conditions — a pullback may be due.
- P/E of 161.6 is elevated — the market expects high growth or it may be overvalued.
~ Modest revenue growth of 1.9% year-over-year.
+ Wall Street consensus is "Strong Buy" from 11 analysts.
+ Average analyst target of $71.09 implies 22.2% upside.

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Last updated: Jul 02, 2026 13:20 UTC

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