Billionaire Howard Marks Just Bought This Beaten-Down Indian Stock. Don’t Miss The Opportunity

insidermonkey.com · 2026-08-18

Billionaire Howard Marks' Oaktree Capital recently disclosed a new position in MakeMyTrip (NASDAQ:MMYT). The fund bought a stake worth about $52.4 million.

TickrTrends take: MMYT trades at a valuation that TickrTrends classifies as undervalued within the Consumer Cyclical sector, a context that may have attracted institutional attention to the name. The headline's reference to significant investor activity aligns with periods when beaten-down equities can present valuation opportunities, though readers focused on valuation metrics should monitor whether the stock's fundamental metrics evolve to justify any price movement that follows. Valuation-focused investors typically track whether such buying activity correlates with improving operational performance or market sentiment shifts in the Consumer Cyclical space.

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