Mahindra Holidays & Resorts India is currently trading at Rs 290.40, up by 5.65 points or 1.98% from its previous closing of Rs 284.75 on the BSE.
The scrip opened at Rs 290.90 and has touched a high and low of Rs 291.95 and Rs. 283.15 respectively. So far 465 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 369.90 on 12-Aug-2011 and a 52 week low of Rs 255.00 on 04-Jun-2012.
Last one week high and low of the scrip stood at Rs 292.40 and Rs. 281.00 respectively. The current market cap of the company is Rs 2457.94 crore.
The promoters holding in the company stood at 82.69% while Institutions and Non-Institutions held 4.45% and 12.86% respectively.
Mahindra Holidays & Resorts, a leader in the vacation ownership space with over 147,000 members and 40 resorts across India and abroad, has acquired Royal Courts Jaisalmer, a 74 room resort, by purchasing 100% equity share capital of Divine Heritage Hotels. Out of the 74 rooms, 35 rooms were already part of the company’s flagship brand ‘Club Mahindra’ network under an inventory management. Further, with this acquisition, Club Mahindra now has over 200 rooms in Rajasthan.
Club Mahindra, Jaisalmer, will offer members all the amenities that a Club Mahindra Resort offers and is located a kilometer from the airport and 7kms from the railway station and the bus stand. The haveli stayed resort offers members a unique experience of tradition and modern amenities.
Mahindra Holidays and Resorts, is a leader vacation ownership space in India, with a keen focus on quality family holiday. Club Mahindra is company’s flagship brand and the other brand offering are Zest Breaks, Club Mahindra Fundays, Mahindra Homestays and Mahindra travel.
| Company Name | CMP |
|---|---|
| Indian Hotel | 641.30 |
| ITC Hotels | 155.05 |
| EIH | 311.90 |
| Chalet Hotels | 770.10 |
| Mahindra Holi.&Resor | 255.60 |
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