Mahindra Holidays & Resorts India Ltd signs MoU with Uttarakhand Government

Mahindra Holidays & Resorts India Limited has today, signed a Memorandum of Understanding (MoU) with the Government of Uttarakhand to establish and develop Club Mahindra Resorts in the State of Uttarakhand.

The estimated investment for the above development of Club Mahindra Resorts is expected to be approximately Rs. 1,000 crores to be made over the next few years.

Shares of Mahindra Holidays & Resorts India Limited was last trading in BSE at Rs. 390.65 as compared to the previous close of Rs. 398.95. The total number of shares traded during the day was 19566 in over 637 trades.

The stock hit an intraday high of Rs. 399.70 and intraday low of 384.60. The net turnover during the day was Rs. 7626780.00.

Source : Equity Bulls

Keywords

MahindraHolidaysandResortsIndia INE998I01010 MoU UttarakhandGovernment