Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate MakeMyTrip Limited before investing.

In this article, we go over a few key elements for understanding MakeMyTrip Limited’s stock price such as:

• MakeMyTrip Limited’s current stock price and volume
• Why MakeMyTrip Limited’s stock price changed recently
• Upgrades and downgrades for MMYT from analysts
• MMYT’s stock price momentum as measured by its relative strength

About MakeMyTrip Limited (MMYT)

Before we jump into MakeMyTrip Limited’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

MakeMyTrip Limited, together with its subsidiaries, operates as a travel service provider in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, Saudi Arabia, Cambodia, and Indonesia. The company operates through three segments: Air Ticketing, Hotels, and Packages and Bus Ticketing. Its products and services include air tickets, hotels and alternative accommodations, holiday packages, bus tickets, rail tickets, car hire, tours and attractions, travel assurance products and add-on products for bookings; activities and experiences and ancillary travel requirements, such as facilitating access to third-party travel and other insurance products; and visa-related products and services under the MakeMyTrip, Goibibo, and redBus brands, as well as foreign exchange, prepaid forex cards, cross-border remittances and related financial services. The company allows travelers to research, plan, and book a range of travel services and products in India and internationally through its primary websites, including makemytrip.com, goibibo.com, redbus.in, and makemytrip.ae; and other technology-enhanced distribution channels, such as call centers, franchisee-owned travel stores, and travel agents’ network, as well as its mobile applications. It primarily serves leisure travelers and corporates. The company was formerly known as International Web Travel Private Limited and changed its name to MakeMyTrip Limited in March 2010. MakeMyTrip Limited was incorporated in 2000 and is based in Gurugram, India.

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MakeMyTrip Limited’s Stock Price as of Market Close

As of August 21, 2026, 4:00 PM, CST, MakeMyTrip Limited’s stock price was $60.460.

MakeMyTrip Limited is down 0.54% from its previous closing price of $60.790.

During the last market session, MakeMyTrip Limited’s stock traded between $60.250 and $62.180. Currently, there are approximately 97.12 million shares outstanding for MakeMyTrip Limited.

MakeMyTrip Limited’s price-earnings (P/E) ratio is currently at 168.8, which is high compared to the Hotels, Restaurants & Leisure industry median of 24.2. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

MakeMyTrip Limited Stock Price History

MakeMyTrip Limited’s (MMYT) price is currently up 6.16% so far this month.

During the month of August, MakeMyTrip Limited’s stock price has reached a high of $65.000 and a low of $58.920.

Over the last year, MakeMyTrip Limited has hit prices as high as $104.430 and as low as $32.670. Year to date, MakeMyTrip Limited’s stock is down 26.38%.

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What Caused MakeMyTrip Limited Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. However, as of August 20, 2026,, no analysts have changed their rating of MakeMyTrip Limited’s stock over the last month.

Additionally, you'll want to evaluate MakeMyTrip Limited’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on MakeMyTrip Limited’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

MakeMyTrip Limited’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about MakeMyTrip Limited (MMYT) by visiting AAII Stock Evaluator.

Relative Price Strength of MakeMyTrip Limited

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of August 20, 2026, MakeMyTrip Limited has a weighted four-quarter relative price strength of -2.24%, which translates to a Momentum Score of 43 and is considered to be Average.

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MakeMyTrip Limited Stock Price: Bottom Line

As of August 21, 2026, MakeMyTrip Limited’s stock price is $60.460, which is down 0.54% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like MakeMyTrip Limited stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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