Hsbc Holdings PLC lowered its position in shares of MakeMyTrip Limited (NASDAQ:MMYT - Free Report) by 26.4% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,180 shares of the technology company's stock after selling 2,939 shares during the quarter. Hsbc Holdings PLC's holdings in MakeMyTrip were worth $802,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC boosted its stake in MakeMyTrip by 325.8% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 22,218 shares of the technology company's stock worth $2,202,000 after purchasing an additional 17,000 shares during the period. E Fund Management Co. Ltd. grew its holdings in MakeMyTrip by 345.1% in the 1st quarter. E Fund Management Co. Ltd. now owns 14,004 shares of the technology company's stock worth $1,372,000 after acquiring an additional 10,858 shares during the last quarter. Public Employees Retirement System of Ohio bought a new position in MakeMyTrip during the 4th quarter valued at approximately $2,183,000. Squarepoint Ops LLC lifted its stake in MakeMyTrip by 103.1% in the fourth quarter. Squarepoint Ops LLC now owns 6,105 shares of the technology company's stock worth $685,000 after acquiring an additional 3,099 shares during the period. Finally, Jupiter Asset Management Ltd. boosted its holdings in MakeMyTrip by 21.9% in the first quarter. Jupiter Asset Management Ltd. now owns 96,297 shares of the technology company's stock valued at $9,436,000 after acquiring an additional 17,286 shares in the last quarter. Institutional investors own 51.89% of the company's stock.
MakeMyTrip Stock Performance
Shares of MakeMyTrip stock traded down $0.16 during trading on Friday, hitting $99.93. 253,526 shares of the company's stock traded hands, compared to its average volume of 1,007,407. MakeMyTrip Limited has a 1 year low of $81.84 and a 1 year high of $123.00. The business has a 50-day simple moving average of $97.09 and a 200-day simple moving average of $98.68. The stock has a market capitalization of $11.12 billion, a P/E ratio of 116.20 and a beta of 0.87. The company has a debt-to-equity ratio of 18.35, a current ratio of 1.15 and a quick ratio of 1.15.
Analysts Set New Price Targets
MMYT has been the subject of a number of research reports. Citigroup decreased their price objective on MakeMyTrip from $125.00 to $120.00 and set a "buy" rating for the company in a report on Wednesday, July 23rd. Wall Street Zen lowered shares of MakeMyTrip from a "hold" rating to a "sell" rating in a research note on Saturday, August 2nd. Finally, Macquarie raised shares of MakeMyTrip from a "neutral" rating to an "outperform" rating and set a $110.00 price objective on the stock in a research note on Tuesday, June 24th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $120.00.
View Our Latest Stock Report on MMYT
MakeMyTrip Profile
(
Free Report)
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, Vietnam, and Indonesia. The company operates through three segments: Air Ticketing, Hotels and Packages, and Bus Ticketing.
Featured Articles

Before you consider MakeMyTrip, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MakeMyTrip wasn't on the list.
While MakeMyTrip currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.