2 Tourism & Hospitality Stocks Jump 5%, Hit 52-Week High Ahead Of Festive Cheer

Two stocks belonging to tourism & hospitality sector have made strong gains today and hit their new 52-week high ahead of festive cheer. These stocks are Mahindra Holidays and Resorts India Ltd and Wonderla Holidays Ltd. Experts believe that demand is likely to spike ahead of the festival season which led to a rise in the stocks.

Check key takeaways below:

Mahindra Holidays and Resorts India Ltd Stock Outlook

The current market price of the stock is Rs 304 apiece with an intraday gain of 5.39%. The stock has hit its new 52-week high today. The stock opened at Rs 294 apiece, touched the intraday high at Rs 313.50 apiece and intraday low at Rs 292 apiece, respectively. The stock's 52-week high is quoted at Rs 313.50 apiece and 52-week low is Rs 185 apiece.

The company has a market capitalisation of Rs 6,110 crore at the time of writing the report.

Mahindra Holidays and Resorts India Ltd 5 Years Return

The stock has given a return of 31% in last 5 years, 103% in last 3 years, and 28% in last 1 years.

About Mahindra Holidays and Resorts India Ltd

Mahindra Holidays & Resorts India Ltd. (MHRIL), a part of Leisure and Hospitality sector of the Mahindra Group, offers quality family holidays primarily through vacation ownership memberships and brings to the industry values such as reliability, trust and customer satisfaction.

Started in 1996, the company's flagship brand 'Club Mahindra', today has over 250,000 members, who can holiday at 100+ resorts in India and abroad, according to its official website.

Wonderla Holidays Ltd Stock Outlook

The current market price of the stock is Rs 445 apiece with an intraday gain of 4.54%. The stock hit its new 52-week high today when it opened at Rs 436 apiece, touched an intraday high of Rs 455 apiece and intraday low at Rs 431 apiece, respectively.

The stock's 52-week high is quoted at Rs 455 apiece and 52-week low at Rs 196 apiece, respectively. The company has a market capitalisation of Rs 2,524 crore.

Wonderla Holidays Ltd 5 Years Return

The stock has given a return of 25% in last 5 years, 57% in last 3 years, and 97% in last 1 year.

Wonderla Holidays Ltd About

Wonderla Holidays Limited is a leading amusement park operator in India. Wonderla Holidays Limited operates three Wonderla brand amusement parks in South India.

Promoted by Arun K Chittilappilly and Kochouseph Chittilappilly, Wonderla currently owns and operates three amusement parks - one each in Kochi, Bangalore and Hyderabad respectively and a resort in Bangalore, according to its official website. It opened its first park in Kochi in 2000 second one in 2005 at Bangalore and the third one in Hyderabad in April 2016.