Market Recap Check: MakeMyTrip Ltd (MMYT)’s Negative Finish at 95.73, Up/Down -1.56

Kiel Thompson

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

The price of MakeMyTrip Ltd (NASDAQ: MMYT) closed at $95.73 in the last session, down -1.56% from day before closing price of $97.25. In other words, the price has decreased by -$1.56 from its previous closing price. On the day, 0.74 million shares were traded. MMYT stock price reached its highest trading level at $98.07 during the session, while it also had its lowest trading level at $94.73.

Ratios:

We take a closer look at MMYT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.15 and its Current Ratio is at 1.15.

On December 27, 2024, BofA Securities reiterated its Buy rating and also lowered its target price recommendation from $119 to $130.

Macquarie Downgraded its Outperform to Neutral on February 21, 2024, whereas the target price for the stock was revised from $50 to $60.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 15 ’25 when RAJESH MAGOW bought 15,000 shares for $98.23 per share.

RAJESH MAGOW bought 30,000 shares of MMYT for $3,105,000 on Aug 22 ’25. On May 27 ’25, another insider, RAJESH MAGOW, who serves as the Officer of the company, bought 2,000 shares for $105.00 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MMYT now has a Market Capitalization of 9108459520 and an Enterprise Value of 11584635904. As of this moment, MakeMyTrip’s Price-to-Earnings (P/E) ratio for their current fiscal year is 110.76, and their Forward P/E ratio for the next fiscal year is 51.19. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.18. Its current Enterprise Value per Revenue stands at 11.67 whereas that against EBITDA is 76.814.

Stock Price History:

The Beta on a monthly basis for MMYT is 0.82, which has changed by 0.008108735 over the last 52 weeks, in comparison to a change of 0.15101504 over the same period for the S&P500. Over the past 52 weeks, MMYT has reached a high of $123.00, while it has fallen to a 52-week low of $81.84. The 50-Day Moving Average of the stock is -2.51%, while the 200-Day Moving Average is calculated to be -5.91%.

Shares Statistics:

According to the various share statistics, MMYT traded on average about 1.04M shares per day over the past 3-months and 1033220 shares per day over the past 10 days. A total of 95.15M shares are outstanding, with a floating share count of 73.54M. Insiders hold about 22.71% of the company’s shares, while institutions hold 84.72% stake in the company. Shares short for MMYT as of 1756425600 were 4668489 with a Short Ratio of 4.54, compared to 1753920000 on 4581092. Therefore, it implies a Short% of Shares Outstanding of 4668489 and a Short% of Float of 6.34.

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