MakeMyTripMMYT
About: MakeMyTrip Ltd is an online travel company, which provides online booking solutions for day-to-day travel needs. The company's operating segment includes Air ticketing; Hotels and packages; Bus ticketing and Others. It generates maximum revenue from the Hotels and packages segment. The Hotels and packages segments include internet-based platforms, call-centers, and branch offices, which provide holiday packages and hotel reservations. Its Air ticketing segment includes internet-based platforms, provides the facility to book domestic and international air tickets. Geographically, it derives a majority of revenue from India and also has a presence in the United States; South East Asia; Europe, and other countries.
Employees: 4,576
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
351% more call options, than puts
Call options by funds: $43.3M | Put options by funds: $9.61M
34% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 41
8% more capital invested
Capital invested by funds: $4.62B [Q2] → $4.97B (+$349M) [Q3]
6% more funds holding
Funds holding: 221 [Q2] → 235 (+14) [Q3]
3.21% less ownership
Funds ownership: 79.21% [Q2] → 76.0% (-3.21%) [Q3]
11% less funds holding in top 10
Funds holding in top 10: 9 [Q2] → 8 (-1) [Q3]
29% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 92
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
B of A Securities Sachin Salgaonkar 100% 1-year accuracy 10 / 10 met price target | 4%upside $119 | Buy Maintained | 24 Oct 2024 |
Financial journalist opinion
Based on 6 articles about MMYT published over the past 30 days
