MakeMyTrip

Online travel company MakeMyTrip has partnered with the tourism ministry to promote over 600 destinations in India through its microsite, "Traveller's Map of India". The interactive platform aims to help travelers explore lesser-known destinations in the country, in line with the government's DekhoApnaDesh initiative. Meanwhile, construction player Om Infra reported a consolidated net profit of Rs 16 crore ($2.14 million) for Q1 of the fiscal year, more than double the previous year's figure. The company's revenue from operations also saw a significant increase, reaching Rs 262.71 crore ($35.31 million) compared to Rs 116.85 crore ($15.73 million) in the same quarter...

MakeMyTrip, an online travel company, has partnered with the Ministry of Tourism in India to launch a microsite called the Traveller's Map of India. The microsite aims to showcase over 600 destinations in India that are lesser-known or unfamiliar to people in certain areas of the country. The selection of destinations is based on India's travel search history on the MakeMyTrip platform, which receives millions of visitors every month. The microsite categorizes the destinations into various genres such as adventure, wildlife, heritage, mountains, and beaches, to help travelers find their preferred type of travel experience. The Traveller's Map of India...

MakeMyTrip, an online travel company, has partnered with the Ministry of Tourism to showcase over 600 destinations in India, beyond the typical tourist spots. The collaboration has resulted in the creation of a microsite called "The Traveller's Map of India", which allows travelers to discover hidden gems within the country based on their preferences. This initiative aligns with the Government of India's "Dekho Apna Desh" program, which aims to promote domestic tourism. The microsite was developed by MakeMyTrip, and it serves as a platform for travelers to explore lesser-known destinations in India. The company compiled a curated shortlist of destinations...

Deep Kalra is the founder and CEO of MakeMyTrip, an Indian online travel company that has revolutionized the travel industry in the country. However, the journey to success has not been an easy one for Kalra, who initially faced numerous setbacks and failures. Kalra's entrepreneurial journey began in the late 1990s when he returned to India after a successful corporate stint in the United States. With a vision to transform the travel industry in India, which was still dominated by traditional travel agents, Kalra founded MakeMyTrip in 2000. His aim was to provide an online platform for travelers to book...

Indian online travel agency MakeMyTrip announced that all of its travel segments have surpassed pre-pandemic levels, and the company achieved its highest-ever quarterly gross bookings of $1.98 billion. In addition to its financial success, MakeMyTrip also experienced growth in other areas. One notable achievement was the company's return to profitability. MakeMyTrip reported a profit of $18.6 million for the quarter, compared to a loss of $10 million during the same period last year. This success can be attributed to a 54% increase in average room nights for its domestic packages, generating revenue of $196.7 million, a 38% increase. To adapt...

The content discusses the trading plans for MMYT (Makemytrip) in the longer term, swing trading, and day trading. For longer-term trading, the technical summary data suggests buying MMYT near 27.49 with a stop loss at 27.41. There is no current upside target, so it is recommended to wait for an update to the summary table or until the position is stopped. The first level of support is at 27.49, and if it is being tested, it would be a buy signal. There are no current resistance levels, so there are no short resistance plans. Resistance levels have broken higher, making...

MakeMyTrip, one of India's leading online travel companies, recently announced its plans to expand its inventory of homestays in preparation for the upcoming cricket season. The cricket season is a highly anticipated time in India, with millions of fans across the country eagerly following their favourite teams and players. This surge in tourism during the cricket season presents a unique opportunity for travel companies like MakeMyTrip to cater to the needs of these cricket enthusiasts. Homestays have gained popularity in recent years, providing travellers with a more authentic and immersive experience. These accommodations allow tourists to stay in private homes,...

Citigroup has reiterated its "buy" recommendation for MakeMyTrip (MMYT), one of India's leading online travel companies. The reaffirmation comes after Citigroup analysts conducted a detailed analysis of the company's financials and market position. MakeMyTrip, founded in 2000, provides various travel-related services such as flight bookings, hotel reservations, and holiday packages. It operates through multiple platforms, including websites, mobile apps, and a call center. The company has established a strong presence in the Indian travel market, which is expected to grow significantly in the coming years. According to Citigroup, MakeMyTrip holds approximately 50% of the online travel market share in India....

MakeMyTrip, a leading Indian online travel company, has announced that its foundation will be deploying Rs 5 crore (approximately $700,000) towards relief efforts in the states of Himachal Pradesh and Uttarakhand. These states have been severely impacted by recent flooding, causing unprecedented devastation. The MakeMyTrip Foundation will collaborate with various partners, including government bodies, NGOs, experts, and locals, to immediately provide aid to those affected. Deep Kalra, the founder and chairman of MakeMyTrip and trustee of the MakeMyTrip Foundation, emphasized the urgent need for essential resources to be sent to these states. He stated that MakeMyTrip acts as a platform...