Franklin Resources Inc. Buys 202,015 Shares of MakeMyTrip Limited $MMYT

Posted by Brenda Bartman on Jun 11th, 2026

Franklin Resources Inc. grew its stake in shares of MakeMyTrip Limited (NASDAQ:MMYT – Free Report) by 14.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,599,763 shares of the technology company’s stock after acquiring an additional 202,015 shares during the period. Franklin Resources Inc.’s holdings in MakeMyTrip were worth $131,373,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of MMYT. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of MakeMyTrip by 11.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,755 shares of the technology company’s stock valued at $1,642,000 after acquiring an additional 1,721 shares during the period. Daiwa Securities Group Inc. grew its position in shares of MakeMyTrip by 24.7% during the 2nd quarter. Daiwa Securities Group Inc. now owns 3,424 shares of the technology company’s stock valued at $336,000 after acquiring an additional 679 shares during the period. Nebula Research & Development LLC lifted its stake in shares of MakeMyTrip by 9.2% during the 2nd quarter. Nebula Research & Development LLC now owns 15,890 shares of the technology company’s stock valued at $1,558,000 after buying an additional 1,345 shares in the last quarter. Sei Investments Co. lifted its stake in shares of MakeMyTrip by 14.9% during the 2nd quarter. Sei Investments Co. now owns 520,853 shares of the technology company’s stock valued at $51,054,000 after buying an additional 67,367 shares in the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its stake in shares of MakeMyTrip by 108.5% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 201,101 shares of the technology company’s stock valued at $19,712,000 after buying an additional 104,641 shares in the last quarter. 51.89% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently commented on MMYT shares. Wall Street Zen cut shares of MakeMyTrip from a “hold” rating to a “sell” rating in a research note on Sunday, May 31st. The Goldman Sachs Group restated a “buy” rating on shares of MakeMyTrip in a research report on Thursday, May 7th. Zacks Research cut shares of MakeMyTrip from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 19th. Finally, Citigroup restated a “buy” rating on shares of MakeMyTrip in a research report on Tuesday, May 19th. Five analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, MakeMyTrip has a consensus rating of “Moderate Buy” and an average price target of $101.00.

Check Out Our Latest Report on MMYT

MakeMyTrip Price Performance

MMYT stock opened at $39.06 on Thursday. The company has a debt-to-equity ratio of 38.85, a quick ratio of 3.05 and a current ratio of 3.05. MakeMyTrip Limited has a 52 week low of $32.67 and a 52 week high of $104.99. The firm’s fifty day moving average is $44.41 and its 200 day moving average is $57.76. The firm has a market cap of $4.35 billion, a P/E ratio of 156.24 and a beta of 1.01.

MakeMyTrip Profile

(Free Report)

MakeMyTrip Inc is an online travel company that provides a comprehensive suite of travel products and services through its website and mobile app platform. The company’s offerings include air ticketing, hotel reservations, holiday packages, rail and bus ticket bookings, ancillary travel services such as travel insurance and visa assistance, and corporate travel management solutions. By leveraging technology-driven platforms, MakeMyTrip aims to deliver convenience, competitive pricing, and a seamless booking experience for both retail and business customers.

Founded in June 2000 by Deep Kalra, MakeMyTrip has grown to become one of India’s leading travel technology firms.