MakeMyTrip Surges to 46th in Trading Volume Ranking with 12.13 Billion in Volume
On June 18, 2025, MakeMyTrip's trading volume reached 12.13 billion, marking a significant 68.63% increase from the previous day. This surge placed the company at the 46th position in the day's stock market rankings. MakeMyTrip's stock price rose by 3.22%.
MakeMyTrip has announced the pricing of an offering of US$1.25 billion in 0.00% convertible senior notes due 2030. This financial move is part of the company's strategic efforts to strengthen its market position and repurchase shares from TripTRIP--.com Group Limited.
Additionally, MakeMyTripMMYT-- has upsized its share offering, aiming to raise up to US$1.62 billion. This includes a primary offering of 14 million shares, further demonstrating the company's commitment to enhancing its financial stability and market presence.
These strategic financial moves are designed to bolster MakeMyTrip's position in the travel and leisure industry, ensuring long-term growth and sustainability.
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