In the most recent trading session, MakeMyTrip (MMYT) closed at $74.84, indicating a +2.38% shift from the previous trading day.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
In the latest trading session, MakeMyTrip (MMYT) closed at $71.39, marking a +1.54% move from the previous day.
| - Industry | - Sector | Rajesh Magow CEO | XFRA Exchange | MU0295S00016 ISIN |
| IN Country | 4,576 Employees | - Last Dividend | - Last Split | 12 Aug 2010 IPO Date |
MakeMyTrip Limited is a prominent online travel company that offers a wide range of travel products and solutions across various countries including India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, and Indonesia. Founded in 2000 and headquartered in Gurugram, India, the company caters to the needs of both leisure and corporate travelers. Operating through three main segments - Air Ticketing, Hotels and Packages, and Bus Ticketing - MakeMyTrip Limited leverages advanced technology to enable travelers to research, plan, book, and purchase a broad spectrum of travel services and products. Adopting a multi-channel approach, the company disseminates its offerings through online websites such as makemytrip.com, goibibo.com, redbus.in, makemytrip.com.sg, and makemytrip.ae, as well as through call centers, travel stores, a network of travel agents, and a mobile service platform.
MakeMyTrip simplifies the process of booking air tickets by providing customers with options to research and purchase flight tickets to various destinations worldwide, catering to both domestic and international travelers.
This service encompasses hotel bookings and travel package deals, which include a combination of flights, hotels, and on-ground transportation, customized to meet the diverse preferences and budget of travelers. Through this segment, MakeMyTrip aims to offer comprehensive travel solutions that ease the trip planning process for its customers.
Understanding the significance of rail travel in many of its operational countries, MakeMyTrip offers booking services for rail tickets, facilitating seamless rail travel bookings for travelers looking for convenient intra-country travel options.
Bus travel is made more accessible through MakeMyTrip’s simple online booking platform, which includes a wide range of bus services across several routes, ensuring travelers can find a bus service that best suits their itinerary and budget.
For travelers seeking flexibility and privacy during their travels, MakeMyTrip provides car hire services. This allows customers to rent cars at their destination, offering them freedom to explore destinations at their own pace, without relying on public transport.
Apart from core travel services, MakeMyTrip also assists with ancillary travel requirements such as visa processing and facilitating access to travel insurance, ensuring a hassle-free travel experience for its customers by addressing comprehensive travel needs under one umbrella.