MakeMyTrip Ltd. Hits New 52-Week Low at USD 45.01

MakeMyTrip has reached a new 52-week low, trading at USD 45.01 as of March 17, 2026. This significant decline reflects a challenging year for the company, which has seen its stock price drop by 42.76% over the past year, starkly contrasting with the S&P 500's performance of 18.34% during the same period. The small-cap company, operating in the Computers - Software & Consulting industry, currently holds a market capitalization of USD 4,352 million. Key financial metrics indicate a P/E ratio of 77.00, with a concerning return on equity of -19.95%. The company's financial health is further illustrated by a negative book value and a debt-to-equity ratio of -3.06, suggesting difficulties in managing its debt obligations. Recent financial results have also been unfavorable, with a pre-tax profit decline of 44.96% and a net profit drop of 62.12% in the latest quarter. These figures highlight the ongoing struggles faced by MakeMyTrip, as it continues to navigate a challenging market environment.