MARKET COMPOSITE
MMYT - MakeMyTrip Ltd8:00:00 PM 4/24/2024
Price
$65.54
+ 0.34 (0.52%)
MakeMyTrip Limited is an Indian online travel company founded in 2000. Headquartered in Gurugram, Haryana, the company provides online travel services including flight tickets, domestic and international holiday packages, hotel reservations, rail, and bus tickets. As of 31 March 2018, they have 14 company-owned travel stores in 14 cities, over 30 franchisee-owned travel stores in 28 cities, and counters in four major airports in India. MakeMyTrip has offices in New York, Singapore, Kuala Lumpur, Phuket, Bangkok, and Dubai. In 2016, MakeMyTrip and Ibibo Group, India's largest travel booking portals, merged through a stock transaction. Through this transaction, MakeMyTrip acquired its rival, Ibibo Group, in one of the biggest acquisition in Indias online travel space. Post merger, MakeMyTrip shareholders own a 60% stake and Ibibo Group shareholders get a 40% stake. Naspers and Tencent, who jointly owned Ibibo Group, became the single largest shareholder in MakeMyTrip.
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

Finra

Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.

Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.

Stock news

    MakeMyTrip, Allison Transmission, Hess and BancFirst are part of the Zacks Screen of the Week article.

    In this article, we shall discuss the 40 best places to visit in India before you die. To skip our detailed analysis of the tourism industry in India in 2024, go directly and see 10 Best Places to Visit in India Before You Die. According to figures by the World Travel & Tourism Council, India […]

    MakeMyTrip (MMYT) closed at $60.90 in the latest trading session, marking a -0.52% move from the prior day.

    Whenever I find good growth stock ideas for long term investing, I always check on the social media interest. There are stories being widely discussed with multibagger targets. While it does not imply that these ideas will not work, I prefer to invest in potential multibagger growth stocks that are not in the limelight. These stocks represent companies with strong fundamentals and a positive industry outlook. Further, these ideas have gone unnoticed or the markets are currently ignoring them. As

    MMYT, CNM and VLVLY made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on April 11, 2024.

    Blue-chip growth stocks are not made overnight. These stocks represent companies that have built their business over years or decades. This comes through a good management team focusing on innovation and industry tailwinds, among other factors. From an investment perspective, the biggest wealth creators are potential blue-chip growth stocks that are grabbed early. Of course, it’s not easy and takes a lot of research, conviction and patience. The journey from a growth stock to a blue-chip involve

    Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...

    It’s no secret that tech stocks are on fire. The major American stock indexes have reached new highs in 2024, with growth and technology companies leading the way. There are good reasons for much of these gains, such as the booms that we’re seeing in artificial intelligence and semiconductors right now. However, not all tech stocks are created equal, and several are being overvalued. Many firms that are rallying today simply do not have the sort of fundamentals to back up these powerful moves th

    Having ticked the regulatory compliance boxes, MakeMyTrip is now ready to make its big international debut, with the spotlight shining on the Indian diaspora.

    Nvidia is expected to report more than 450% profit growth in its next earnings report on May 22. Eyes will be closely watching Nvidia stock.