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Mahindra Holidays Q4 profit jumps on higher occupancy, membership growth

The company reported a consolidated net profit of 823.6 million rupees ($9.88 million) for the quarter ending March 31, against 564.2 million rupees a year ago.

Mahindra Holidays board to meet next week to consider bonus equity share issue

The board of directors at its meeting scheduled to be held on Thursday, July 29, 2021, shall consider the proposal for issuance of bonus equity shares, subject to requisite approvals, Mahindra Holidays and Resorts India said in a regulatory filing.

Part I: Beaten-down sectors: Who can rise from the ashes?

The months-long COVID-19 pandemic has taken a toll on almost everything, but some sectors are clearly in the eye of the storm as the “no touch” economy has virtually jeopardized their business case. We cherry-pick some of the heavily dusted gems that can shine bright, once the crisis abates.

Mahindra Holidays Q2: Net profit at Rs 24cr vs Rs 3.3cr loss last year; cash position improves

Total income during the second quarter rose to Rs 573.83 crore as compared with Rs 532.88 crore in the year-ago period, Mahindra Holidays & Resorts India said in a regulatory filing.

Mahindra Holidays to pump in Rs 1,000 crore; looking to acquire new resorts

The company has cash reserves of Rs 655 crore on its books and will be using it to fund its expansion plan. Currently, not considering any debt options from the market.

Mahindra Holidays falls 3% after net profit drops 62%

The revenue of the company fell to Rs 252.13 crore in the March quarter, against Rs 305.99 crore in the year-ago period.

Market Update: 150 stocks hit new 52-week high on NSE; Delta Corp, Kwality down 16-20%, Airtel top loser

The market breadth was in favour of the declines with 526 stocks advancing while 1207 declined and 293 remained unchanged. On the other hand, in the BSE, 862 stocks advanced and 1751 declined and 186 remained unchanged.

Mahindra Holidays Q2 PAT seen up 18.5% YoY to Rs. 38.9 cr: Edelweiss

Net Sales are expected to increase by 11.7 percent Y-o-Y (up 6.7 percent Q-o-Q) to Rs. 288.4 crore, according to Edelweiss.

Buy Mahindra Holidays; target of Rs 444: Edelweiss

Edelweiss is bullish on Mahindra Holidays has recommended buy rating on the stock with a target price of Rs 444 in its research report dated September 20, 2017.

Mahindra Holidays Q1 PAT seen up 16.1% YoY to Rs 35.1 cr: Edelweiss

Net Sales are expected to decrease by 11.1 percent Q-o-Q (up 10.5 percent Y-o-Y) to Rs 275.9 crore, according to Edelweiss. Mahindra Holidays to report net profit at 35.1 crore up 16.1% year-on-year.

Stocks in the news: Bajaj Auto, Laurus Labs, M&M, Bhushan Steel, SPARC, Deccan Cements

Book profits at higher levels; 5 stocks which can give up to 16% return in short term

The index may march towards 9,580-9,600 levels in the near-term. Any dip must be used as a fresh buying opportunity.

Liquor ban will have larger effects on tourism industry: ITC Hotels CEO

The Supreme Court's decision to ban sale of liquor within 500 metres of national and state highways have left the hotel industry sulking. CNBC-TV18 reached out to the top bosses of Hilton, ITC Hotels and Mahindra Holidays to find out the impact.

SBI Mutual Fund buys 28.92 lakh shares of Mahindra Holidays

SBI Mutual Fund bought 2,892,221 shares of Mahindra Holidays at Rs 410 per share on the BSE.

Buy Mahindra Holidays; target of Rs 439: Edelweiss

Edelweiss is bullish on Mahindra Holidays and has recommended buy rating on the stock with a target of Rs 439 in its October 28, 2015 research report.

Nifty below 6200 amid volatility; ICICI weak, Sesa gains 2%

The Sensex declined 41.55 points to 20,813.37, and the Nifty fell 12.45 points to 6,189.40. Advancing shares outnumbered declining ones by a ratio of 655 to 562 on the BSE.

Stocks in news: NTPC, HDFC, GMR, Financial Tech, BHEL

Mahindra Holidays may test Rs 500: Rajen Shah

Rajen Shah of Angel Broking is of the view that Mahindra Holidays may touch Rs 500 in the next 24 months.

Stocks in news: Ranbaxy, Jubilant Life, Bharti, Talwalkars

Accumulate Mahindra Holidays; target Rs 250: Emkay

Brokerage house Emkay Global Financial Services is bullish on Mahindra Holidays and has recommended accumulate rating on the stock with a target price of Rs 250 in its September 2013 research report.

BNP Paribas buys Rs 21.3 cr shares in Mahindra Holidays

SBI Life Insurance Company, NYLIM Jacob Ballas Asset Management Company and Morgan Stanley Mauritius Company are the major shareholders (non promoters) in the company, which hold 7.42 percent stake in the company as of June 2013.

Stocks in news: Infosys, Sun TV, Polaris, Den Networks, SKS

Hoteliers go shopping as assets get attractive

As non-serious players exit and asset prices correct, hotel companies are acquiring premium assets at attractive prices.

Co's main focus will remain on India: Mahindra Holidays

Rajiv Sawhney, CEO, Mahindra Holidays beleives the company's move to expand aggressively is the right one. Though the company‘s primary focus will remain on India, it is looking at international destinations close to India, like Sri Lanka, Malaysia, Thailand and Dubai.

Mahindra & Mahindra beats street; Q4 net up 2% to Rs 889cr

Mahindra & Mahindra beat street on Thursday as fourth quarter net profit rose 2 percent year-on-year to Rs 889 crore and net sales were up 12 percent to Rs 10,353 crore.