BNP Paribas picked up Mahindra Holidays shares for Rs 213 each, As per the bulk deal information with the bourses.
The 10 lakh shares acquired by BNP amounted to 1.12% stake in Mahindra Holidays & Resorts.
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Mahindra Holidays had reported a 10.81% rise in net profit to Rs 21.01 crore for the quarter ended June 30, 2013 mainly on account of higher occupancy. The occupancy for the quarter had stood at 90%, the firm had said.
The company is part of diversified Mahindra Group Company and is a leading player in the leisure hospitality industry, offering family holidays, primarily through vacation ownership memberships.
Mahindra Holidays shares dropped marginally by 0.54% to end the day at Rs 212.85 apiece, on the BSE.
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