Mahindra Holidays & Resorts India Ltd
MHRIL

450.20

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449.15

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Accumulate
Reco. Price
Rs 446.00
We recommend ACCUMULATE as capacity expansion and promotional initiatives will boost revenues. Increased stake in HCR Finland is expected to boost earnings. The stock is trading at FY19E P/E of 25.8x (Target Price – Rs.482)
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50 DMA (.)
432.12
100 DMA (.)
419.26
200 DMA (.)
430.12
Weekly Range (.)
432.80
468.00
Monthly Range (.)
420.05
468.00
52 Weeks Range (.)
360.00
514.00
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