India's Mahindra Holidays and Resorts up on tie up with Uttarakhand govt

Mahindra Holidays and Resorts India

14/09/2023 07:29

** Shares of Mahindra Holidays and Resorts  MAHH.NS  rise as
much as 3% to 401.9 rupees, biggest pct gain since Sept. 4
    ** Co reported on Thurs it signed an MoU with Uttarakhand
govt to establish and develop Club Mahindra Resorts in the state
    ** Says investment estimated to be around 10 bln rupees
($120.53 million) over the next few years
    ** Stock up ~47% YTD


($1 = 82.9675 Indian rupees)

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))