|Bid||24.61 x 800|
|Ask||24.65 x 900|
|Day's range||24.58 - 25.05|
|52-week range||19.66 - 32.30|
|Beta (3Y monthly)||0.40|
|PE ratio (TTM)||N/A|
|Earnings date||22 Jan 2020 - 27 Jan 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||32.14|
MakeMyTrip isn't setting any money aside in the event that a regulatory probe involving its relationship with hotel chain Oyo should go against the India online travel agency. Asked during an earnings call Monday whether MakeMyTrip feels the need to establish a contingent liability related to the Competition Commission of India investigation, which is expected to take […]
An Indian regulator has ordered an investigation into allegations that hotel-booking service MakeMyTrip Ltd gives special treatment to SoftBank-backed hotel chain Oyo on its platform, stifling competition in the industry. There is a "prima facie case for investigation" against MakeMyTrip and Oyo for alleged violations of rules barring uncompetitive agreements between parties, the Competition Commission of India (CCI) said in an order dated Oct. 28. The order follows a complaint from the Federation of Hotel and Restaurant Associations of India (FHRAI), an industry body.
India’s MakeMyTrip Group expects to narrow losses to the single-digit millions by next year, a rather ambitious goal as it will have to pare back an operating loss of nearly $43 million in a matter of three to four quarters. In the three months ending June 30, the company continued recording multi-quarter drops in losses, […]
On a per-share basis, the Gurgaon, India-based company said it had a loss of 39 cents. Losses, adjusted for non-recurring costs and stock option expense, came to 18 cents per share. The online travel company ...
Ctrip.com is increasing its foothold in India. China's largest online travel group intends to raise its position in India's MakeMyTrip to 49 percent in a share swap deal with Naspers, the company said Friday. Naspers offered Ctrip even more shares, which would have given it control of MakeMyTrip, noted analysts at Goldman Sachs, but Ctrip […]The post China's Ctrip Will Own Nearly Half of India's MakeMyTrip After Share Swap appeared first on Skift.
China's Ctrip, the world's second largest online travel company, is doubling down on India after it announced a deal to increase its ownership of travel company MakeMyTrip to nearly half. Ctrip will boost its ownership of MakeMyTrip, which is listed on the Nasdaq as Ctrip, to 49 percent through an exchange deal that sees Naspers, the South African internet giant and early backer of Tencent, swap its shares for 5.6 percent of Ctrip.
CAPE TOWN, South Africa--(BUSINESSWIRE)-- Naspers Limited (JSE: NPN; LSE: NPSN) announced today an exchange of its interest in MakeMyTrip Limited (“MakeMyTrip”) (NASDAQ:MMYT) for a 5.6% stake in Ctrip.com ...
Small-caps and large-caps are wildly popular among investors, however, mid-cap stocks, such as MakeMyTrip Limited (NASDAQ:MMYT), with a market capitalization of US$2.7b, rarely draw their attention from the investing community. Des...
Ebix, a seller of software to insurance companies for four decades, has recently been expanding its presence in the travel sector, particularly in India. Yatra — a corporate travel services provider and India’s second largest online travel agency after MakeMyTrip Group — said Tuesday it had begun doing due diligence to consider an offer from […] The post Why Ebix Wants to Buy India’s Corporate Travel Player Yatra for $336 Million appeared first on Skift.
Some hoteliers in India have begun singing from the same song sheet as hotel groups in North America and Western Europe as a chorus of complaints about online travel agencies has swelled up in recent months. But the complaints were drowned out Thursday by a report of strong financial results from India’s leading online travel […] The post MakeMyTrip Steams Ahead Despite Growing Hotel Commission Protests appeared first on Skift.
The Gurgaon, India-based company said it had a loss of 28 cents per share. Losses, adjusted for one-time gains and costs, came to 14 cents per share. The online travel company posted revenue of $124.8 ...
In October 2016, MakeMyTrip and Ibibo, India’s two largest online travel agency groups, agreed to merge. Investors expected the deal would stem the rampant promotional offers that have bled away profits in the sector. But that didn’t happen. The deal united the brands MakeMyTrip, Goibibo, and RedBus. Together, they could have translated their market heft […] The post What India Reveals About the Future of Online Travel: A Skift Deep Dive appeared first on Skift.