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2026-03-04 12:44:45 pm | Source: Accord Fintech
Mahindra Holidays rises on signing new resort in Dapoli
Mahindra Holidays rises on signing new resort in Dapoli

Mahindra Holidays & Resorts India is currently trading at Rs. 282.05, up by 1.55 points or 0.55% from its previous closing of Rs. 280.50 on the BSE.

The scrip opened at Rs. 274.05 and has touched a high and low of Rs. 282.75 and Rs. 274.05 respectively. So far 4937 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 381.55 on 24-Jul-2025 and a 52 week low of Rs. 241.00 on 07-Apr-2025.

Last one week high and low of the scrip stood at Rs. 288.45 and Rs. 272.05 respectively. The current market cap of the company is Rs. 5680.45 crore.

The promoters holding in the company stood at 66.74%, while Institutions and Non-Institutions held 15.89% and 17.37% respectively.

Mahindra Holidays & Resorts India (MHRIL) has signed a new resort in Dapoli, near the scenic Murud Beach, further strengthening its presence along Maharashtra’s coastline. This addition forms part of the company’s FY26-FY30 roadmap, which targets over 10,000 keys under Club Mahindra and an overall portfolio scale of 12,000 keys. Through a combination of new signings, greenfield developments, and management contracts across high-demand tourist corridors, the company is progressing toward its ambition of becoming India’s number one leisure hospitality player.

Dapoli strengthens MHRIL’s presence in high-growth coastal markets with strong drive-to demand and marks the first of several planned developments along India’s western coast. Spread across 13 acres, the upcoming Club Mahindra Dapoli Resort will feature 110 keys, launched in phases. The first phase, comprising 52 keys, is slated for launch in Q1 FY27, with the remaining inventory opening in Q2 FY27.

Designed as a contemporary coastal retreat, the resort will cater to families seeking immersive, experience-led stays. Planned amenities include a sea-facing all-day dining restaurant, an open-air cafe, swimming pool and spa, a fully equipped fitness centre, and a dedicated Happy Hub for children’s recreation. The property will also feature a 500-pax indoor banquet hall and an expansive outdoor lawn accommodating 800-1,000 guests, positioning it as a compelling venue for destination celebrations and large-format gatherings.

Mahindra Holidays & Resorts India (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.

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