Mahindra Holidays & Resorts India is currently trading at Rs 319.00, up by 3.40 points or 1.08% from its previous closing of Rs 315.60 on the BSE.
The scrip opened at Rs 315.00 and has touched a high and low of Rs 322.00 and Rs 314.15 respectively. So far 11009 shares were traded on the counter.
The BSE group 'B ' stock of face value Rs 10 has touched a 52 week high of Rs 326.50 on 11-Jun-2014 and a 52 week low of Rs 206.00 on 10-Sep-2013.
Last one week high and low of the scrip stood at Rs 323.50 and Rs 303.10 respectively. The current market cap of the company is Rs 2818.79 crore.
The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 13.71% and 11.29% respectively.
Mahindra Holidays & Resorts, the hospitality arm of Mahindra Group, is planning to spend over Rs 600 crore in the next 18 months to add around 600-700 rooms. Currently, the company’s inventory is around 2,500-2,600 rooms across 41 properties.
The company is also exploring possibility of expanding in the western part of the World. As part of expansion, the company is looking for acquisitions at destinations where green-field or expansions are allowed by law.
Mahindra Holidays & Resorts India is India’s leading player in the vacation ownership industry offering quality family holidays primarily through vacation ownership memberships. While Club Mahindra is the flagship brand, the other brands offered by the company include Club Mahindra Fundays and Club Mahindra Travel.
Company Name | CMP |
---|---|
Indian Hotel | 614.00 |
EIH | 441.90 |
Mahindra Holi.&Resor | 427.70 |
Chalet Hotels | 824.35 |
Lemon Tree Hotels | 149.95 |
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