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Stock Market & Financial Investment News

News Breaks
March 19, 2014
06:42 EDTMMYTMakeMyTrip upgraded to Outperform from Perform at Oppenheimer
Oppenheimer upgraded MakeMyTrip to Outperform with a $28 price target citing the recent pullback in shares and upcoming positive catalysts. Opco sees positive catalysts from the acceleration of eCommerce adoption in India, rise in smartphone penetration levels and momentum in higher-margin hotels.
News For MMYT From The Last 14 Days
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May 15, 2015
07:37 EDTMMYTMakeMyTrip price target lowered to $25 from $35 at Deutsche Bank
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07:19 EDTMMYTMakeMyTrip sees FY16 revenue less service costs growth of 22%-26%
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07:16 EDTMMYTMakeMyTrip reports Q4 adjusted EPS (4c), consensus (3c)
Reports Q4 revenue less service costs $36.37M, consensus $39.92M. Gross Bookings reached $404.4M in Q4 and $1.65B in FY15, representing a year-over-year increase of 19.4% and 32.2% respectively. Results reported yesterday morning in a regulatory filing.

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