Key Performance
More- Earnings Score: N/A
- Momentum Score: 29
- True Yield: N/A
- Financial Health Score: N/A
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Latest Research & News
MakeMyTrip faced downward pressure after Morpheus Research, an activist short-selling firm, released a report alleging the Indian online travel agency is defying regulators by continuing price parity clauses despite a 2022 CCI order, using accounting 'gimmicks' with a $212 million discrepancy between adjusted and IFRS profits, losing market share to competitors, and failing to protect customers from unsafe hotels while using deceptive web design practices.
03/30/2026, 11:55 AM • Benzinga
MakeMyTrip Deepens AI Push Through OpenAI Collaboration
MakeMyTrip announced a collaboration with OpenAI to integrate AI APIs into its platform, enhancing travel discovery and user engagement across multiple languages. However, the stock faces a bearish technical trend, trading 28.9% below its 100-day SMA and down 44.15% over the past 12 months, despite analyst consensus maintaining a Buy rating with a $47.57 price target.
02/18/2026, 6:47 AM • Benzinga
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Statistics
MoreInformation as of 06/22/2026
Company Profile
MakeMyTrip Limited, together with its subsidiaries, operates as a travel service provider in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, Cambodia, and Indonesia. The company operates through three segments: Air Ticketing, Hotels, and Packages and Bus Ticketing. Its products and services include air ticketing, hotels and packages, bus tickets, rail tickets, and car hire; activities and experiences and ancillary travel requirements, such as facilitating access to third-party travel and other insurance products, foreign currency exchange services, and visa-related products and services under the MakeMyTrip, Goibibo, and redBus brands. The company allows travelers to research, plan, and book a range of travel services and products in India and internationally through its primary websites, including makemytrip.com, goibibo.com, redbus.in, and makemytrip.ae; and other technology-enhanced distribution channels, such as call centers, franchisee-owned travel stores, and travel agents' network, as well as its mobile applications. It primarily serves leisure travelers and corporates. The company was formerly known as International Web Travel Private Limited and changed its name to MakeMyTrip Limited in March 2010. MakeMyTrip Limited was incorporated in 2000 and is based in Gurugram, India.