MAHINDRA HOLIDAYS Plunges by 5%; BSE 500 Index Down 0.5%
August 2, 2019 09:22 AM

MAHINDRA HOLIDAYS share price has plunged 5% and is presently trading at Rs 224.

Meanwhile, the BSE 500 Index is at 14,120 (down 0.5%).

Among the top losers in the BSE 500 Index today are MAHINDRA HOLIDAYS (down 5.5%) and ZYDUS WELLNESS (down 7.0%).

TRENT LTD (up 6.0%) and AEGIS LOGISTICS (up 5.5%) are among the top gainers today.

Over the last one year, MAHINDRA HOLIDAYS has moved down from Rs 293 to Rs 224, registering a loss of Rs 69 (down 23.5%)..

The BSE 500 has moved down from 15,313 to 14,120, loss of 1,193 points (down 7.8%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were PROCTER & GAMBLE HEALTH (up 113.4%), ADANI POWER (up 89.4%) and VINATI ORGANICS (up 86.4%).

What About the Benchmark Indices?

The BSE Sensex is at 36,920 (down 0.5%). The top gainers among the BSE Sensex stocks today are BHARTI AIRTEL (up 0.9%), ITC (up 0.1%) and KOTAK MAHINDRA BANK (up 0.1%). The most traded stocks in the BSE Sensex are KOTAK MAHINDRA BANK and ITC.

In the meantime, NSE Nifty is at 10,935 (down 0.7%). BHARTI AIRTEL (up 2.9%) and ASIAN PAINTS (up 0.6%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 37,522 to 36,920, registering a gain of -602 points (up -1.9%).

MAHINDRA HOLIDAYS Financial Update...

MAHINDRA HOLIDAYS net profit down at Rs 182 million for the quarter ended June 2019, compared to a loss of Rs 212 million a year ago. Net Sales rose 6.1% to Rs 2.5 billion during the period as against Rs 2.4 billion in April-June 2018.

For the year ended March 2018, MAHINDRA HOLIDAYS reported 8.6% decrease in net profit to Rs 1.3 billion compared to net profit of Rs 1.5 billion during FY17.

Revenue of the company grew 2.2% to Rs 23 billion during FY18.

The current Price to earnings ratio of MAHINDRA HOLIDAYS, based on rolling 12 month earnings, stands at 41.6x.