MMYT Stock Recent News
MMYT LATEST HEADLINES
In the closing of the recent trading day, MakeMyTrip (MMYT) stood at $101.23, denoting a +1.38% change from the preceding trading day.
Shares of Indian travel and tourism company MakeMyTrip Ltd. (MMYT) have more than doubled on the back of record bookings.
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.
MakeMyTrip (MMYT) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.30 per share a year ago.
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MakeMyTrip (MMYT) closed at $91.24 in the latest trading session, marking a +1.12% move from the prior day.
Here is how MakeMyTrip (MMYT) and Ouster, Inc. (OUST) have performed compared to their sector so far this year.
GURUGRAM, India & NEW YORK--(BUSINESS WIRE)---- $MMYT #FinancialResults--MakeMyTrip Limited plans to report its fiscal 2025 first quarter financial and operating results before markets open on Tuesday, July 23, 2024.