Mahindra Holidays and Resorts India Ltd up by 9.18 % | Espresso

EspressoLogy

Espresso Shot of the Day - Mahindra Holidays and Resorts India Ltd up by 9.18 percent

March 22, 2022
Espresso Shot of the Day - Mahindra Holidays and Resorts India Ltd up by 9.18 percent

MAHINDRA HOLIDAYS & RESORTS INDIA LTD 231.95  (+9.18%) BSE – INE998I01010 | 22ND MARCH 2022


Mahindra Holidays & Resorts India Ltd. (MHRIL), a part of the 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 250,000 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 of companies enables people to rise through innovative mobility solutions, drives rural prosperity, enhances urban living, nurtures new businesses and fosters 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

  • On Mar 08, 2022, the company allotted 20,000 Equity Shares of Rs.10/- each under ESOP.
  • On Feb 18, 2022, the company reported that it will sell its entire 10.76% stake in Nreach Online Services Pvt Ltd for a consideration of Rs.29.31 crores to Gift Management Asia Pvt Ltd.
  • On Feb 08, 2022, the company reported Net Sales of Rs.553.44 crores in December 2021, up 13.14% from Rs.489.15 crores in December 2020.
  • On Feb 08, 2022, the company reported a Quarterly Net Profit of Rs.13.72 crores in December 2021 up 8006.02% from Rs.0.17 crore in December 2020.
  • On Dec 28, 2021, the company planned to add over 300 rooms by March to take the overall inventory to 4,500 keys,
(Sources: Business Standard, Moneycontrol, BSE, Economic Times)


Technical Force*

  • S&P BSE 500 month till date gain up by 2.90%
  • 3 months avg. NSE volume: 429,030
  • Quantity traded: 2, 95,641 | Deliverable quantity: 96,054 (32.49%)
  • Stock price has jumped by more than 85% from a one-year low level: 127.00 (Apr 19, 2021)
  • Daily RSI (14) is nearby Oversold territory today
  • 52-week-high: 267.00 | 52-week-low: 127.00


Key Pivot  (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4

Pivot Point

-

   401.16

334.08

261.09

194.01

121.02

53.94

-

    -

Fibonacci Pivot

334.08

   280.57

247.52

226.23

194.01

161.79

140.50

107.45

53.94


Today’s Close

231.95

SMA

BSE

10 DAY

213.13

20 DAY

211.00

50 DAY

207.34

200 DAY

210.59


Some Key Ratios (Source: BSE)

Market Cap: 4686.98 Crores

PE: 35.65

OPM%: 31.79

ROE%: 27.44

Promoters holding%: 67.22

Prev. Close: 212.45

*Chart and Technical Force data from the Binge desktop app
The scope and usability of this information/data is time-sensitive and market-based, and as such the same may become outdated for the investment decisions of clients, for which Sharekhan Comtrade bears no responsibility. References to securities do not constitute a recommendation to buy, sell or hold such securities. The user assumes the entire risk of any use made of this information. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document and should consult his own advisors to determine the merits and risks of such an investment. Sharekhan Comrade Private Limited is under no obligation to update the information in this document from time-to-time.


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.