MakeMyTrip Ltd vs Tenaris S.A. American Depositary Shares — how do they compare? MakeMyTrip Ltd trades at $43.7 (market cap $4.10B), while Tenaris S.A. American Depositary Shares trades at $57.76 (market cap $29.55B). The key difference: Tenaris S.A. American Depositary Shares is far larger — about 7.2× MakeMyTrip Ltd's market cap, and Tenaris S.A. American Depositary Shares pays a 4.09% dividend while MakeMyTrip Ltd pays none. Which is the better fit depends on your goals — on Pluang, investors hold MakeMyTrip Ltd for 12 Days and Tenaris S.A. American Depositary Shares for 0 Days on average.
| MMYT | TS | |
|---|---|---|
Market Cap | $4.10B | $29.55B |
Volume | 926,679 | 755,655 |
Sector | Consumer Cyclical | Energy |
52-Week High | $90.73 | $64.02 |
52-Week Low | $36.30 | $34.28 |
Typical Hold Time | 12 Days | 0 Days |
Enterprise Value | $4.76B | $27.21B |
Dividend Yield | — | 4.09% |
Signals from Pluang's Aura AI — not financial advice
MakeMyTrip (MMYT) trades at $44.70, showing modest daily gains of 0.81%. The stock faces bearish technical signals with mixed earnings performance - beating Q1 2026 estimates but missing Q4 2025 and Q2 2026. Strong analyst sentiment persists with 73% buy ratings and a $77 consensus target, representing significant upside potential. Recent developments include plans for an Indian subsidiary IPO and operational resilience despite geopolitical disruptions affecting air ticketing.
The investment case balances strong analyst optimism against execution risks. While valuation metrics appear elevated (P/E 189.74), the company maintains solid gross margins (73.45%) and positive cash flow. Key risks include debt escalation projections and competitive pressures in the travel sector. The planned Indian listing could unlock value but requires careful monitoring of execution.
Tenaris (TS) trades at $58.54, up 0.84% with neutral technical signals and strong fundamental metrics including a P/E of 15.65 and net income margin of 15.88%. Recent earnings beats and a $1.18 dividend support investor confidence, though cash flow trends show modest net outflows. The stock faces near-term headwinds from shipment delays and margin compression as noted in recent analyst reports.
The outlook remains balanced with analyst consensus favoring Buy (57.69%) and a $66.67 price target suggesting 14% upside. Key risks include cyclical energy sector exposure and operational disruptions, but solid profitability and valuation support make TS attractive for dividend and value investors seeking energy sector exposure.
Trailing returns across standard periods
What Pluang investors did over the last 30 days
MakeMyTrip Ltd. is a leading online travel company in India, providing a comprehensive range of travel services and products, including air tickets, hotels, holiday packages, rail tickets, and bus tickets. The company operates its primary websites and mobile apps under the brands MakeMyTrip, Goibibo, and RedBus. MMYT serves as a key intermediary in India's fragmented travel market, leveraging its platform to offer convenience and competitive pricing to consumers and businesses.
Read more on MMYT →Tenaris S.A. manufactures seamless and welded steel pipe products, including casing, tubing, and line pipe, for the oil and gas industry and certain industrial applications. The company operates an integrated production network across 17 countries and offers Rig Direct, its integrated supply-chain service for oilfield customers.
Read more on TS →