SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Mahindra Holidays surges on getting nod to increase stake in HCR up to 88%

09 Jun 2015 Evaluate

Mahindra Holidays & Resorts India is currently trading at Rs. 240.00, up by 2.55 points or 1.07% from its previous closing of Rs. 237.45 on the BSE.

The scrip opened at Rs. 242.10 and has touched a high and low of Rs. 250.00 and Rs. 240.00 respectively. So far 22880 shares were traded on the counter.

The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 335.00 on 08-Jul-2014 and a 52 week low of Rs. 231.70 on 04-Jun-2015.

Last one week high and low of the scrip stood at Rs. 250.00 and Rs. 231.70 respectively. The current market cap of the company is Rs. 2130.74 crore.

The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 12.57% and 12.43% respectively.

Mahindra Holidays & Resorts India (MHRIL), India’s leading leisure hospitality provider, has received an approval to exercise its option to increase its stake in Holiday Club Resorts, Oy, Finland (HCR) up to 88%. The Investment Committee of the Board of Directors of the company has approved for the same. Holiday Club Resorts Oy, Finland is Europe’s leading vacation ownership company, with 30 resorts in Finland, Sweden and Spain.

The company presently owns 23.3% of HCR and with the exercise of the call option, the shareholding of MHRIL in HCR can go up to 88%. The balance 12% is primarily held by the management. The investment required for this 64.7% stake is 28 million euro. MHRIL would make this investment through its overseas subsidiaries. The deal is expected to be completed in a 2-3 month time-frame, subject to customary regulatory approvals in different countries.

In addition to the above investments MHRIL may invest an additional up to 10 million euro in Holiday Club in the form of equity/loan, or in any other manner, to finance the growth of the company in the near future.

 

Mahindra Holi.&Resor Share Price

259.60 4.00 (1.56%)
13-Apr-2026 11:25 View Price Chart
Peers
Company Name CMP
Indian Hotel 637.10
ITC Hotels 153.60
EIH 310.70
Chalet Hotels 761.15
Mahindra Holi.&Resor 259.60
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×