Shares of Mahindra Holidays and Resorts India Ltd climbed over 3% today, trading at ₹371.50 on the NSE as of 2:25 PM, up ₹11.15 from the previous close of ₹360.35.
The stock surged following the announcement of the company’s Q1 FY26 results, which showed a notable improvement in profitability and steady revenue growth. The company reported a net profit of ₹7.17 crore for the quarter, up nearly 17.7% YoY from ₹6.08 crore last year. Revenue from operations grew around 7.4% YoY to ₹701.4 crore compared to ₹652.86 crore in the same quarter last year.
The day’s trading range was between ₹355.00 and ₹377.00, with a market capitalization of approximately ₹75.01 billion. The stock’s year-to-date range stands between ₹259.00 and ₹494.30.
The positive market reaction reflects investor confidence in the company’s continued growth and efficient cost management.
