MakeMyTrip Limited (NASDAQ:MMYT) is a prominent online travel company that provides a range of travel services including flight tickets, hotel reservations, and holiday packages. The company operates primarily in India and has a significant presence in the online travel market. It competes with other travel service providers like Yatra and Cleartrip.
On July 23, 2025, Bank of America Securities upgraded MakeMyTrip's stock to a "Buy" rating. At this time, the stock was priced at $100.40. This upgrade came shortly after the company's Q1 2026 earnings call, which took place on July 22, 2025. The call featured key figures such as Mohit Kabra, the Group CFO & Director, and Rajesh Magow, the Co-Founder and Group CEO.
During the earnings call, MakeMyTrip's financial performance and strategic outlook were discussed. The stock, priced at $100.40, had seen a price change of $2.70, marking a 2.76% increase. The day's trading saw the stock fluctuate between $96.35 and $102.34, indicating investor interest and market activity.
MakeMyTrip's market capitalization is approximately $9.55 billion, reflecting its significant position in the online travel industry. The stock's trading volume reached 2,691,051 shares, showcasing active trading. Over the past year, the stock has seen a high of $123 and a low of $76.95, indicating its volatility and potential for growth.
