Mahindra Holidays & Resorts India is currently trading at Rs. 302.60, up by 7.85 points or 2.66% from its previous closing of Rs. 294.75 on the BSE.
The scrip opened at Rs. 300.00 and has touched a high and low of Rs. 303.75 and Rs. 297.80 respectively. So far 1573 shares were traded on the counter.
The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 337.75 on 05-Aug-2015 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. 305.60 and Rs. 291.00 respectively. The current market cap of the company is Rs. 2616.82 crore.
The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 12.44% and 12.56% respectively.
Mahindra Holidays & Resorts India (MHRIL), India’s leading leisure hospitality provider, has completed the necessary formalities on September 02, 2015, for increasing its stake to 83.20% in Holiday Club Resorts Oy, Finland (HCR) through its overseas subsidiary. Consequent to this transaction, HCR and HCR Management Oy, Finland, have become subsidiaries of the company with immediate effect.
Further, the company will make fresh investment of 10 million euro in equity of HCR by second week of September 2015 and subsequent to that company’s stake will increase to 86.38%. The company had earlier on June 09, 2015 received an approval to exercise its option to increase its stake in HCR up to 88%.
Mahindra Holidays & Resorts 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 | 822.25 |
EIH | 408.65 |
Chalet Hotels | 917.35 |
Mahindra Holi.&Resor | 368.10 |
Lemon Tree Hotels | 143.25 |
View more.. |