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How to buy MakeMyTrip stock

Own MakeMyTrip stock in just a few minutes.

Fact checked

MakeMyTrip Limited is a travel services business based in the US. MakeMyTrip shares (MMYT) are listed on the NASDAQ and all prices are listed in US Dollars. MakeMyTrip employs 3,960 staff and has a trailing 12-month revenue of around USD$189.2 million.

How to buy shares in MakeMyTrip

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for MakeMyTrip. Find the stock by name or ticker symbol: MMYT. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until MakeMyTrip reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of MakeMyTrip, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of MakeMyTrip. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

MakeMyTrip share price

Use our graph to track the performance of MMYT stocks over time.

MakeMyTrip shares at a glance

Information last updated 2021-02-24.
52-week rangeUSD$10 - USD$33.49
50-day moving average USD$30.205
200-day moving average USD$22.7054
Wall St. target priceUSD$31.75
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) USD$-1.524

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy MakeMyTrip stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

MakeMyTrip financials

Revenue TTM USD$189.2 million
Gross profit TTM USD$221.5 million
Return on assets TTM -4.57%
Return on equity TTM -38.07%
Profit margin -210.17%
Book value $7.943
Market capitalisation USD$3.3 billion

TTM: trailing 12 months

Shorting MakeMyTrip shares

There are currently 1.5 million MakeMyTrip shares held short by investors – that's known as MakeMyTrip's "short interest". This figure is 1.9% up from 1.4 million last month.

There are a few different ways that this level of interest in shorting MakeMyTrip shares can be evaluated.

MakeMyTrip's "short interest ratio" (SIR)

MakeMyTrip's "short interest ratio" (SIR) is the quantity of MakeMyTrip shares currently shorted divided by the average quantity of MakeMyTrip shares traded daily (recently around 312756.50319829). MakeMyTrip's SIR currently stands at 4.69. In other words for every 100,000 MakeMyTrip shares traded daily on the market, roughly 4690 shares are currently held short.

However MakeMyTrip's short interest can also be evaluated against the total number of MakeMyTrip shares, or, against the total number of tradable MakeMyTrip shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case MakeMyTrip's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 MakeMyTrip shares in existence, roughly 10 shares are currently held short) or 0.0301% of the tradable shares (for every 100,000 tradable MakeMyTrip shares, roughly 30 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against MakeMyTrip.

Find out more about how you can short MakeMyTrip stock.

MakeMyTrip share dividends

We're not expecting MakeMyTrip to pay a dividend over the next 12 months.

MakeMyTrip share price volatility

Over the last 12 months, MakeMyTrip's shares have ranged in value from as little as $10 up to $33.49. A popular way to gauge a stock's volatility is its "beta".

MMYT.US volatility(beta: 1.34)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while MakeMyTrip's is 1.3436. This would suggest that MakeMyTrip's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

MakeMyTrip overview

MakeMyTrip Limited, an online travel company, sells travel products and solutions in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, and Indonesia. The company operates through three segments: Air Ticketing, Hotels and Packages, and Bus Ticketing. Its services and products include air tickets; hotels; packages; rail tickets; bus tickets; and car hire, as well as ancillary travel requirements, such as visa processing and facilitating access to travel insurance. The company allows travelers to research, plan, book, and purchase a range of travel services and products through its Websites makemytrip.com, goibibo.com, redbus.in, makemytrip.com.sg, and makemytrip.ae; and other technology-enhanced distribution channels, such as call centers, travel stores, and travel agents' network, as well as mobile service platform. As of March 31, 2020, it had 14 company-owned travel stores and approximately 150 franchisee-owned travel stores. The company serves leisure and corporate travelers, and small businesses. MakeMyTrip Limited was founded in 2000 and is based in Gurugram, India.

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