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    Buy Mahindra Holidays & Resorts India, target price Rs 330: Axis Securities

    Synopsis

    Mahindra Holidays & Resorts India Ltd., incorporated in the year 1996, is a Mid Cap company (having a market cap of Rs 5704.14 Crore) operating in Tourism & Hospitality sector.

    buyAgencies
    Promoters held 67.2 per cent stake in the company as of 30-Jun-2022, while FIIs owned 4.91 per cent, DIIs 9.66 per cent.
    Axis Securities has buy call on Mahindra Holidays & Resorts India with a target price of Rs 330.
    The current market price of Mahindra Holidays & Resorts India Ltd. is Rs 283.55

    Mahindra Holidays & Resorts India Ltd., incorporated in the year 1996, is a Mid Cap company (having a market cap of Rs 5704.14 Crore) operating in Tourism & Hospitality sector.

    Mahindra Holidays & Resorts India Ltd. key Products/Revenue Segments include Income from Vacation Ownership, Subscription Income, Beverages & Food, Other Operating Revenue, Service (Hotel), Income (Room Rent) and Wine & Liquor for the year ending 31-Mar-2022.


    Financials
    For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 637.02 Crore, up 9.30 % from last quarter Total Income of Rs 582.83 Crore and up 52.29 % from last year same quarter Total Income of Rs 418.29 Crore. Company reported net profit after tax of Rs 29.74 Crore in latest quarter.



    Promoter/FII Holdings
    Promoters held 67.2 per cent stake in the company as of 30-Jun-2022, while FIIs owned 4.91 per cent, DIIs 9.66 per cent.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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