Benzinga
30 Mar 2026, 15:55 UTC · 31w ago
MakeMyTrip Hit By Short Seller Morpheus Research Report Alleging Regulatory Violations, Accounting Concerns
Impact · against what's priced in
MakeMyTrip faces significant downside risk due to allegations of accounting manipulation and undisclosed regulatory investigations. While the report favorably mentions Booking and Expedia's transparency, the primary impact is a potential valuation reset for MMYT based on financial integrity and legal compliance.
- MMYT−0.80
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