MakeMyTrip Limited, an online travel company, sells travel products and solutions in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, and Indonesia. The company operates through three segments: Air Ticketing, Hotels and Packages, and Bus Ticketing. Its services and products include air tickets; hotels; packages; rail tickets; bus tickets; and car hire, as well as ancillary travel requirements, such as visa processing and facilitating access to travel insurance. The company allows travelers to research, plan, book, and purchase travel services and products through its Websites makemytrip.com, goibibo.com, redbus.in, makemytrip.com.sg, and makemytrip.ae; and other technology-enhanced distribution channels, such as call centers, travel stores, and travel agents' network, as well as mobile service platform. As of March 31, 2021, it had approximately 150 franchisee-owned travel stores. The company serves leisure and corporate travelers. MakeMyTrip Limited was incorporated in 2000 and is based in Gurugram, India.
IPO Year: 2010
Exchange: NASDAQ
Website: makemytrip.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
2/21/2024 | $50.00 → $60.00 | Outperform → Neutral | Macquarie |
12/8/2022 | $36.00 | Equal-Weight → Overweight | Morgan Stanley |
9/14/2022 | $44.00 | Overweight | JP Morgan |
8/30/2022 | $42.00 | Outperform | Macquarie |
8/30/2022 | $33.00 → $40.00 | Neutral → Buy | BofA Securities |
2/24/2022 | $29.00 | Equal-Weight | Morgan Stanley |
6-K - MakeMyTrip Ltd (0001495153) (Filer)
6-K - MakeMyTrip Ltd (0001495153) (Filer)
6-K - MakeMyTrip Ltd (0001495153) (Filer)
6-K - MakeMyTrip Ltd (0001495153) (Filer)
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6-K - MakeMyTrip Ltd (0001495153) (Filer)
6-K - MakeMyTrip Ltd (0001495153) (Filer)
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SC 13G/A - MakeMyTrip Ltd (0001495153) (Subject)
SC 13G/A - MakeMyTrip Ltd (0001495153) (Subject)
SC 13G/A - MakeMyTrip Ltd (0001495153) (Subject)
SC 13G/A - MakeMyTrip Ltd (0001495153) (Subject)
SC 13G/A - MakeMyTrip Ltd (0001495153) (Subject)
SC 13G - MakeMyTrip Ltd (0001495153) (Subject)
MakeMyTrip Limited (NASDAQ:MMYT) (the "Company"), India's leading online travel company, announced today that the annual meeting of its shareholders will be held on Thursday, September 12, 2024, beginning at 5:00 pm, Indian Standard Time, at 19th Floor, Building No. 5, DLF Cyber City, Gurugram, 122002, India. The Company's notice of annual meeting and form of proxy were issued on July 25, 2024. The Company's Annual Report, notice of the annual meeting, form of proxy and annual consolidated and separate financial statements audited by KPMG Mauritius for the financial year ended March 31, 2024 are available on the Company's investor relations website at http://investors.makemytrip.com. Shar
MakeMyTrip Limited (NASDAQ:MMYT) plans to report its fiscal 2025 first quarter financial and operating results before markets open on Tuesday, July 23, 2024. The company will post the release on its Investor Relations website https://investors.makemytrip.com/ and will not distribute over newswires. A live Zoom Webinar with the senior management team will also be hosted on July 23, 2024, at 7:30 am EDT or 5:00 pm IST through the company's Investor Relations website at https://investors.makemytrip.com/. To register for the webinar, please follow this link: https://makemytrip.zoom.us/webinar/register/WN_0ZjoBQXuRPCrhUbOR9IdUQ Registered participants will receive a confirmation email cont
SHANGHAI, July 1, 2024 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE:NOAH), a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for Mandarin-speaking high-net-worth investors, today announced changes to its Board of Directors (the "Board"). Noah has appointed Mr. David Zhang as an Independent Director (non-executive Director according to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited) and Ms. Xiangrong Li as an Independent Director of the Board, effective from June 30, 2024. With effect from the same day, Dr. Zhiwu Chen
MakeMyTrip Limited (NASDAQ:MMYT) plans to report its fiscal 2024 fourth quarter and full year financial and operating results before markets open on Wednesday, May 15, 2024. The company will post the release on its Investor Relations website https://investors.makemytrip.com/ and will not distribute over newswires. A live Zoom Webinar with the senior management team will also be hosted on May 15, 2024, at 7:30 am EDT or 5:00 pm IST through the company's Investor Relations website at https://investors.makemytrip.com/. To register for the webinar, please follow this link: https://makemytrip.zoom.us/webinar/register/WN_bKQ-E3hHQEC9Q3w6zOtWXw Registered participants will receive a confirma
MakeMyTrip Limited ("MakeMyTrip" or the "Company") (NASDAQ:MMYT), a leading travel service provider in India, today announced that it has completed its previously announced repurchase right offer relating to its 0.00% Convertible Senior Notes due 2028 (CUSIP No. 56087F AB0) (the "Notes"). The repurchase right offer expired at 11:59 p.m. Eastern Time, on Tuesday, February 13, 2024. None of the noteholders exercised their repurchase right, and no Notes were surrendered for repurchase. Materials filed with the SEC will be available electronically without charge at the SEC's website, http://www.sec.gov. Documents filed with the SEC may also be obtained without charge at the Company's website,
MakeMyTrip Limited ("MakeMyTrip" or the "Company") (NASDAQ:MMYT), a leading travel service provider in India, today announced that it had issued a Repurchase Right Notice (the "Repurchase Right Notice") addressed to holders (each, the "Holder") of its 0.00% Convertible Senior Notes due 2028 (CUSIP No. 56087F AB0) (the "Notes"). The Notes will mature on February 15, 2028, unless earlier repurchased, redeemed or converted. Pursuant to the terms of the Indenture dated as of February 9, 2021 (the "Indenture") relating to the Notes by and between the Company and The Bank of New York Mellon, as trustee, it is the right of each Holder to require the Company to repurchase the Notes on February 15,
MakeMyTrip Limited (NASDAQ:MMYT) plans to report its fiscal 2024 third quarter financial and operating results before markets open on Tuesday, January 23, 2024. The company will post the release on its Investor Relations website https://investors.makemytrip.com/ and will not distribute over newswires. A live Zoom Webinar with the senior management team will also be hosted on January 23, 2024, at 7:30 am EDT or 6:00 pm IST through the company's Investor Relations website at https://investors.makemytrip.com/. To register for the webinar, please follow this link: https://makemytrip.zoom.us/webinar/register/WN_8FuLLIDHQhmKgnq9oO9LVA Registered participants will receive a confirmation emai
MakeMyTrip Limited (NASDAQ:MMYT) plans to report its fiscal 2024 second quarter financial and operating results before markets open on Tuesday, October 31, 2023. The company will post the release on its Investor Relations website https://investors.makemytrip.com/ and will not be distributing over newswires. A live Zoom Webinar with the senior management team will also be hosted on October 31, 2023, at 7:30 am EDT or 5:00 pm IST through the company's Investor Relations website at https://investors.makemytrip.com/. To register for the webinar, please follow this link: https://makemytrip.zoom.us/webinar/register/WN_xJy_zumxQ8GyTfxyB9dX6A Registered participants will receive a confirmatio
MakeMyTrip Limited (NASDAQ:MMYT) (the "Company"), India's leading online travel company, announced today that the annual meeting of its shareholders will be held on Friday, September 15, 2023, beginning at 5:00 pm, Indian Standard Time, at 19th Floor, Building No. 5, DLF Cyber City, Gurugram, 122002, India. The Company's notice of annual meeting and form of proxy were issued on August 9, 2023. The Company's Annual Report, notice of the annual meeting, form of proxy and annual consolidated and separate financial statements audited by KPMG Mauritius for the financial year ended March 31, 2023 are available on the Company's investor relations website at http://investors.makemytrip.com. Share
MakeMyTrip Limited (NASDAQ:MMYT) plans to report its fiscal 2024 first quarter financial and operating results before markets open on Tuesday, August 01, 2023. The company will post the release on its Investor Relations website https://investors.makemytrip.com/ and will not be distributing over newswires. A live Zoom Webinar with the senior management team will also be hosted on August 01, 2023 at 7:30 am EDT or 5:00 pm IST through the company's Investor Relations website at https://investors.makemytrip.com/. To register for the webinar, please follow this link: https://makemytrip.zoom.us/webinar/register/WN_-eyb56qBQmWRKy0fTgVOog Registered participants will receive a confirmation
Macquarie downgraded MakeMyTrip from Outperform to Neutral and set a new price target of $60.00 from $50.00 previously
Morgan Stanley upgraded MakeMyTrip from Equal-Weight to Overweight and set a new price target of $36.00
JP Morgan initiated coverage of MakeMyTrip with a rating of Overweight and set a new price target of $44.00
Macquarie initiated coverage of MakeMyTrip with a rating of Outperform and set a new price target of $42.00
BofA Securities upgraded MakeMyTrip from Neutral to Buy and set a new price target of $40.00 from $33.00 previously
Morgan Stanley initiated coverage of MakeMyTrip with a rating of Equal-Weight and set a new price target of $29.00
BofA Securities upgraded MakeMyTrip from Underperform to Neutral and set a new price target of $32.00 from $14.00 previously
Citigroup analyst Vijit Jain maintains MakeMyTrip (NASDAQ:MMYT) with a Buy and raises the price target from $93 to $115.
B of A Securities analyst Sachin Salgaonkar maintains MakeMyTrip (NASDAQ:MMYT) with a Buy and raises the price target from $95 to $100.
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MakeMyTrip (NASDAQ:MMYT) reported quarterly earnings of $0.39 per share which beat the analyst consensus estimate of $0.27 by 44.44 percent. This is a 30 percent increase over earnings of $0.30 per share from the same period last year. The company reported quarterly sales of $243.658 million which beat the analyst consensus estimate of $242.186 million by 0.61 percent. This is a 22.88 percent increase over sales of $198.297 million the same period last year.
MakeMyTrip (NASDAQ:MMYT) has outperformed the market over the past 10 years by 1.38% on an annualized basis producing an average annual return of 12.39%. Currently, MakeMyTrip has a market capitalization of $9.89 billion. Buying $100 In MMYT: If an investor had bought $100 of MMYT stock 10 years ago, it would be worth $330.98 today based on a price of $90.06 for MMYT at the time of writing. MakeMyTrip's Performance Over Last 10 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine and
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B of A Securities analyst Sachin Salgaonkar maintains MakeMyTrip (NASDAQ:MMYT) with a Buy and raises the price target from $88 to $95.