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MakeMyTrip (MMYT) Looks Good: Stock Adds 8.3% in Session

MakeMyTrip Limited MMYT was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down 10.9% in the past one-month time frame.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

MakeMyTrip currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

MakeMyTrip Limited Price

MakeMyTrip Limited Price | MakeMyTrip Limited Quote

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A better-ranked stock in the Internet - Delivery Services industry is GrubHub Inc. GRUB, which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is MMYT going up? Or down? Predict to see what others think: Up or Down

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MakeMyTrip Limited (MMYT) : Free Stock Analysis Report
 
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