Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, MakeMyTrip Ltd’s stock clocked out at $99.69, down -0.80% from its previous closing price of $100.49. In other words, the price has decreased by -$0.80 from its previous closing price. On the day, 0.54 million shares were traded. MMYT stock price reached its highest trading level at $100.91 during the session, while it also had its lowest trading level at $98.275.
Ratios:
To gain a deeper understanding of MMYT’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.85 and its Current Ratio is at 1.85. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BofA Securities on December 27, 2024, Reiterated its Buy rating but revised its target price to $130 from $119 previously.
On February 21, 2024, Macquarie Downgraded its rating to Neutral which previously was Outperform and also upped its target price recommendation from $50 to $60.
Morgan Stanley Upgraded its Equal-Weight to Overweight on December 08, 2022, while the target price for the stock was maintained at $36.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 27 ’25 when RAJESH MAGOW bought 2,000 shares for $105.00 per share.
RAJESH MAGOW bought 20,000 shares of MMYT for $2,377,900 on Feb 04 ’25. On Dec 10 ’24, another insider, MOHIT KABRA, who serves as the Officer of the company, bought 640 shares for $123.00 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 11031994368 and an Enterprise Value of 10761456640. As of this moment, MakeMyTrip’s Price-to-Earnings (P/E) ratio for their current fiscal year is 120.31, and their Forward P/E ratio for the next fiscal year is 51.86. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.19 while its Price-to-Book (P/B) ratio in mrq is 9.67. Its current Enterprise Value per Revenue stands at 11.0 whereas that against EBITDA is 73.202.
Stock Price History:
The Beta on a monthly basis for MMYT is 0.88, which has changed by 0.279225 over the last 52 weeks, in comparison to a change of 0.11730647 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 $74.50. The 50-Day Moving Average of the stock is -2.29%, while the 200-Day Moving Average is calculated to be -3.83%.
Shares Statistics:
It appears that MMYT traded 761.20K shares on average per day over the past three months and 461360 shares per day over the past ten days. A total of 109.78M shares are outstanding, with a floating share count of 65.05M. Insiders hold about 40.74% of the company’s shares, while institutions hold 72.60% stake in the company. Shares short for MMYT as of 1747267200 were 2423315 with a Short Ratio of 3.18, compared to 1744675200 on 2485918.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
