Investor Vijay Kedia urged Anand Mahindra to carry out a strategic rethink at Mahindra Holidays & Resorts India, arguing the company’s India domestic tourism opportunity is being undervalued. Despite strong demand for experiential family travel and healthy occupancy with Club Mahindra’s brand strength, losses from its overseas Holiday Club business are, in his view, dragging overall valuation. Kedia suggested options like ring-fencing, restructuring, demerging or cutting exposure to the European subsidiary so India operations can be assessed independently.
Websol Energy System shares climbed 5% to the upper circuit for the third straight day, delivering a 45% gain over six days. Investors are reacting to sharp quarterly results, with net profit up 158% and revenue rising 132%, alongside fresh buying by ace investor Vijay Kedia, which has further strengthened sentiment around the stock.
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Websol Energy shares have jumped nearly 27% across three sessions as fresh buying followed Vijay Kedia’s stake purchase and mounting expectations of a dividend. Promoter buying and improving sentiment have added momentum, but traders are now focused on the upcoming board meeting for Q4 results and a possible dividend decision that could move the stock further.
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