Mahindra Holidays soars 9%, hits all-time high on improved business outlook

The stock hit a record high of Rs 313.50, surpassing its previous high of Rs 312.67

Shares of Mahindra Holidays & Resorts India Limited (MHRIL) hit a record high of Rs 313.50 on the BSE, as they surged 9 per cent in Tuesday's intra-day trade, amid heavy volumes on improved business outlook.

The stock of the Mahindra Group surpassed its previous high of Rs 312.67 which it had touched on July 10, 2017. In the past one month, it has gained 21 per cent, as compared to 0.41 per cent rise in the S&P BSE Sensex. Further, in the past three months, it has soared 56 per cent, as against 16 per cent rally in