Citi Lowers MakeMyTrip (MMYT) Price Target to $96, Maintains Buy [Yahoo! Finance Canada]
MakeMyTrip Limited - Ordinary Shares (MMYT)
Last makemytrip limited - ordinary shares earnings: 2/11 06:25 am
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Source: Yahoo! Finance Canada
from $108 while maintaining a Buy rating following the company's third-quarter results. Although estimates were revised to reflect more conservative margin assumptions, the firm characterized underlying growth as solid, given a challenging operating environment, and views the current valuation as attractive. In the same quarter, MakeMyTrip Limited (NASDAQ:MMYT) reported strong leisure demand, with accommodation volume increasing 20.3% year-over-year and standard hotel bookings rising 20.6%. Room nights in the non-premium segment expanded more than 23% year-over-year. The company expanded its tours and activities offering to over 200,000 bookable experiences across 1,100 cities in 130 countries and now lists more than 97,000 accommodation options across 2,050 cities. Capital returns remain a priority, with approximately $46.1 million deployed under its buyback program during the quarter, and total authorization increased to $200 million. The company ended the period with over $100
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MMYT
News
- OpenAI says 18 to 24-year-olds account for nearly 50% of ChatGPT usage in India [TechCrunch]TechCrunch
- MakeMyTrip Deepens AI-First Strategy with OpenAI Collaboration [Yahoo! Finance Canada]Yahoo! Finance Canada
- MakeMyTrip Deepens AI-First Strategy with OpenAI CollaborationBusiness Wire
- OTM 2026 Concludes in Mumbai, Reinforcing India's Rise as a Priority Market for Global Tourism [Yahoo! Finance Canada]Yahoo! Finance Canada
- MakeMyTrip and Minor Hotels expand premium stays for Indians [Yahoo! Finance]Yahoo! Finance
MMYT
Earnings
- 1/22/26 - Beat
MMYT
Sec Filings
- 2/13/26 - Form SCHEDULE
- 2/13/26 - Form SC
- 2/6/26 - Form SCHEDULE
- MMYT's page on the SEC website