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Mahindra Holidays & Resorts India Limited ( (IN:MHRIL) ) just unveiled an announcement.
Mahindra Holidays & Resorts India Limited has announced its entry into the leisure hospitality sector through a wholly owned subsidiary, Mahindra Hotels and Residences India Limited, under the brand ‘Mahindra Signature Resorts’. This strategic move aims to diversify the company’s business portfolio and attract fast-growing customer categories within the tourism sector, with an initial investment of approximately Rs.1000 Crore.
More about Mahindra Holidays & Resorts India Limited
Mahindra Holidays & Resorts India Limited operates in the vacation ownership segment, providing leisure and hospitality services. The company focuses on expanding its portfolio in the tourism sector by diversifying into new business areas.
Average Trading Volume: 21,758
Technical Sentiment Signal: Sell
Current Market Cap: 64.17B INR
For a thorough assessment of MHRIL stock, go to TipRanks’ Stock Analysis page.