MMYT - MakeMyTrip Limited

NasdaqGS - NasdaqGS Real-time price. Currency in USD
15.34
+0.03 (+0.20%)
At close: 4:00PM EDT
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Previous close15.31
Open15.31
Bid14.77 x 800
Ask19.00 x 1000
Day's range14.96 - 15.37
52-week range10.00 - 30.13
Volume335,348
Avg. volume442,774
Market cap1.579B
Beta (5Y monthly)1.13
PE ratio (TTM)N/A
EPS (TTM)-4.26
Earnings date28 Jul 2020 - 01 Aug 2020
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target est21.41
  • India’s MakeMyTrip Pushes Out Expectations for Profits Even Further Because of Pandemic
    Skift

    India’s MakeMyTrip Pushes Out Expectations for Profits Even Further Because of Pandemic

    MakeMyTrip Group warned Friday that it might not see profits for years. But the online travel reseller based in Gurugram, India, also argued that it's the best-capitalized of the country's homegrown travel companies to come out of the crisis stronger. Executives predicted during a call with analysts that it will outperform smaller rivals, which will […]

  • Indian travel and hotel booking firm Ixigo cuts salary of every employee over coronavirus
    TechCrunch

    Indian travel and hotel booking firm Ixigo cuts salary of every employee over coronavirus

    Ixigo, a 13-year-old travel and hotel booking service in India, said on Monday it is cutting the salary of its entire staff as the firm grapples with severe disruption in its business due to the coronavirus outbreak that has pushed New Delhi to issue a nationwide lockdown. Aloke Bajpai, co-founder and chief executive of Ixigo, said the leadership at the firm has agreed to take a 60% pay cut while the rest of the staff, about 200 people, have agreed to have their salaries reduced between 20% to 50%. Bajpai and Rajnish Kumar, the other co-founder, have decided to forgo their entire salary until the business is back on track.

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    Zacks

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  • India’s MakeMyTrip Rewards Exec for Loyalty Work With Group CEO Promotion
    Skift

    India’s MakeMyTrip Rewards Exec for Loyalty Work With Group CEO Promotion

    MakeMyTrip Group has elevated Rajesh Magow, co-founder and CEO of its India business, to the role of group CEO, where he'll oversee its leading brands, MakeMyTrip, Goibibo, and Redbus, the company said on Tuesday. Co-founder Deep Kalra is rising from group CEO to the newly created role of group executive chairman. Kalra will help oversee […]

  • MakeMyTrip and Oyo Downplay India Regulatory Probe
    Skift

    MakeMyTrip and Oyo Downplay India Regulatory Probe

    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 […]

  • India's competition watchdog to probe SoftBank's Oyo, MakeMyTrip
    Reuters

    India's competition watchdog to probe SoftBank's Oyo, MakeMyTrip

    An Indian regulator has ordered an investigation into allegations that hotel-booking service MakeMyTrip Ltd <MMYT.O> gives special treatment to SoftBank-backed <9984.T> 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.

  • Ctrip’s Bigger Hand in MakeMyTrip May Speed It Toward Break-Even
    Skift

    Ctrip’s Bigger Hand in MakeMyTrip May Speed It Toward Break-Even

    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, […]

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