MakeMyTrip is an online travel company that provides a platform for booking travel services, including flights, hotels, and holiday packages. Its core products encompass travel-related services for both leisure and business travelers. Major business segments include air ticketing, hotel reservations, and vacation packages, with primary revenue sources derived from service fees and commissions on bookings.
The investment profile of MakeMyTrip is more aligned with growth investors, given its focus on expanding market share in the travel sector. The company shows potential for revenue growth, supported by recent quarterly performance. However, it lacks a dividend yield, making it less suitable for dividend-focused investors.
| Date | Before | After | Reason |
|---|---|---|---|
| 2026-10-01 | Hold | Sell | Weak momentum and high risk; cautious approach advised. |
| 2026-09-23 | Sell | Hold | Mixed performance; high risk with uncertain momentum. |
| 2026-09-10 | Hold | Sell | Weak momentum and high risk signal caution. |
| 2026-09-02 | Buy | Hold | Weak momentum and high risk overshadow potential upside. |
| 2026-08-26 | Hold | Buy | Positive revenue growth, but mixed momentum signals. |
| 2026-08-18 | — | Hold | Strong revenue growth, but mixed momentum signals. |
| Date | Analyst | Action | Target | Price Then |
|---|---|---|---|---|
| 2026-07-02 | HSBC | Update | — → 70 | 57.585 |
| 2026-06-27 | Goldman Sachs | Target Raised | — → 84 | 53.38 |
