MakeMyTrip Limited (MMYT) — closed signal from July 17, 2025
Partial Published before the outcome was known, scored automatically when the window closed on October 15, 2025.
Predicted vs. what happened
What happened
Reached 45% of the predicted growth at its peak, without hitting the target.
The thesis — published July 17, 2025
MakeMyTrip will share April-June results on 22 Jul. Lately far more buyers than sellers suggest the price may start climbing again, and investor mood is very upbeat. Even though profit forecasts were reduced, more people searching for travel online and a stronger Indian rupee could lift sales. The busy Aug-Sep holiday season usually boosts bookings, so the stock could rise toward $110-115 in the next three months.
Primary drivers
- Results on 22 Jul follow reduced forecasts, so even modest growth could impress.
- Recent uptick in price and stronger short-term trend hint at more upside.
- Online flight searches are up 18 percent, pointing to stronger travel demand.
- The busy Aug-Sep festival period typically boosts ticket and hotel bookings.
How it played out
MMYT: thesis rose early but missed the target
Lyra published MMYT at $94.36 on 2025-07-17, with 25% expected growth over a short-term window ending 2025-10-15. The thesis pointed to April-June results due on 22 Jul, a stronger short-term trend, online flight searches up 18 percent, and the Aug-Sep festival period as possible support for bookings.
The stock rose early and peaked at $104.99 on 2025-07-23, a 11.3% gain. It stayed below the $117.95 target and never reached the expected 25% move. By 2025-10-15, it ended at $90.40. The thesis partially played out at first, then missed by the end of the window.
Prices are shown split- and dividend-adjusted, matching what public charts show today.
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This is one signal, scored after the fact. Today’s picks come with the same plain-language thesis — published before anyone knows the outcome.