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via finance.yahoo.comMarkets

MakeMyTrip rises 4% on in-line profit despite revenue miss

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- On Monday, MakeMyTrip Limited (NASDAQ:MMYT) reported second quarter fiscal 2027 results that met earnings expectations but fell short on revenue. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishIn-line earnings and better profitability offset the revenue miss, driving the share gain.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01MakeMyTrip reported second quarter fiscal 2027 results.
  2. 02Earnings met expectations but revenue fell short.
  3. 03The stock rose 4.78% on strong domestic travel demand and profitability.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
MakeMyTrip LimitedMMYTStock41.38 USD-1.69%today -1.69%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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