Trending stocks: Mahindra Holidays shares surge over 11%

NEW DELHI: Shares of Mahindra Holidays & Resorts India traded 11.53 per cent up in Monday 's trade at 11:36AM (IST). Around 3121 shares changed hands on the counter.

The stock opened at Rs 127.0 and touched an intraday high and low of Rs 140.65 and Rs 124.55 , respectively, in the session so far. Shares of the company quoted a 52-week high of Rs 252.45 and a 52-week low of Rs 122.0 .

Market cap of the company stood at Rs 1718.17 crore on May 11


Mahindra Holidays & Resorts India on Saturday reported a consolidated loss after tax of Rs 161.51 crore for the fourth quarter ended March 2020. The company had posted a consolidated net profit of Rs 52.35 crore in the same period a year ago.

Key Financials
The company reported consolidated net sales of Rs 588.2604 crore for the quarter ended 31-Dec-2019 , up 5.86 per cent from previous quarter's Rs 555.6724 crore and up -1.76 per cent from the year-ago quarter's Rs 598.8123 crore.

Bottomline for the latest quarter stood at Rs 4.9362 crore, down -83.96 per cent from the same quarter a year ago .

Shareholding pattern
As of 31-Mar-2020 , domestic institutional investors held 9.86 per cent stake in the firm , while foreign institutional investors held 5.38 per cent and the promoters 67.31 per cent.


Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 21.84 and a price-to-book ratio of 5.73 . A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

Mahindra Holidays & Resorts India Ltd. belongs to the Hotels & Resorts industry.