Espresso shot of the day – Mahindra Holidays and Resorts India Ltd up by 10.83 percent

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Espresso shot of the day – Mahindra Holidays and Resorts India Ltd up by 10.83 percent

July 13, 2021
Espresso shot of the day – Mahindra Holidays and Resorts India Ltd up by 10.83 percent

MAHINDRA HOLIDAYS & RESORTS INDIA LTD 328.45 (+10.83%) BSE – INE998I01010 | 13THJULY 2021

Mahindra Holidays & Resorts India Ltd. (MHRIL), a part of Leisure and Hospitality sector of the Mahindra Group, offers quality family holidays primarily through vacation ownership memberships and brings to the industry values such as reliability, trust and customer satisfaction. Started in 1996, the company's flagship brand Club Mahindra, today has over 2,50,000 members, who can holiday at 100+ resorts in India and abroad. Mahindra Holidays & Resorts India Limited is part of the Mahindra Group. The Mahindra Group is a USD 19.4 billion federation of companies that enables people to rise through innovative mobility solutions, driving rural prosperity, enhancing urban living, nurturing new businesses and fostering communities. It enjoys a leadership position in utility vehicles, information technology, financial services and vacation ownership in India and is the world’s largest tractor company by volume. It also enjoys a strong presence in renewable energy, agribusiness, logistics and real estate development. Headquartered in India, Mahindra employs over 2,56,000 people across 100 countries.

Recent Drivers

  • The Travel and Tourism industry is an integral pillar of the Make in India It is one of the biggest and fastest-growing sectors, with the improvement in the travelling network, the next most lucrative leisure business is expected to see a growth in demand for their services.
  • On May 28, 2021, the company intimated for allotment of 25,000 equity shares of Rs 10 each under the Employees Stock Option scheme.
  • On May 25, 2021, Kavinder Singh, MD & CEO of Mahindra Holidays and Resorts India Ltd., had explained the company was in the midst of finalising the brand image of the company and will take external inventory to take advantage of its hospitality credentials.
  • In its own words, the company is currently focused on growing from 4,197 room units to 5,500 plus room units in around 4 years through the methods that they employ today, which is building your own, expand existing resorts, acquire as well as take resorts on lease but refurbish them, have a product improvement plan and bring them to our standards and manage them.
  • On May 4, 2021, the company’s net sales stands at Rs 465.41 crores in March 2021.
(Sources: The Hindu Business Line, Moneycontrol, BSEIndia)


Technical Force*

  • S&P BSE 500 month till date gain up by 0.57%
  • Traded on all-time-high value of 337.00
  • 3 months avg. volume of NSE: 8,02,913
  • Quantity traded: 1,79,212 | Deliverable quantity: 47,108 (26.29%)
  • Stock price has jumped more than 110% from one-year-low level: 151.75 (July 29, 2020)
  • Daily RSI (14) is in Overbought territory today
  • 52-week-high: 337.00 | 52-week-low: 151.75

Key Pivot  (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4

Pivot Point

-

388.67

316.68

265.97

193.98

143.27

71.28

20.57

-

Fibonacci Pivot

316.68

269.81

240.85

222.20

193.98

165.76

147.11

118.15

71.28


Today’s Close

328.45

SMA

BSE

10 DAY

284.28

20 DAY

269.09

50 DAY

249.45

200 DAY

214.58


Some Key Ratios (Source: BSE)

Market Cap: 4,387.40 crores

PE: 34.88

OPM%: 27.27

ROE%: 37.57

Promoters holding%: 67.31

Prev. Close: 296.35

*Chart And Technical Force data taken from the Binge desktop app.

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Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.