Imagicaaworld Entertainment surges on launching 6 New Rides at Imagicaa Water Park, Khopoli
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Imagicaaworld Entertainment is currently trading at Rs. 78.78, up by 1.72 points or 2.23% from its previous closing of Rs. 77.06 on the BSE.
The scrip opened at Rs. 77.50 and has touched a high and low of Rs. 79.68 and Rs. 75.20 respectively. So far 210317 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 91.15 on 08-Apr-2024 and a 52 week low of Rs. 39.85 on 05-Jun-2023.
Last one week high and low of the scrip stood at Rs. 83.44 and Rs. 75.20 respectively. The current market cap of the company is Rs. 4282.15 crore.
The promoters holding in the company stood at 70.85%, while Institutions and Non-Institutions held 3.44% and 25.71% respectively.
Imagicaaworld Entertainment has launched 6 New & Thrilling Water Rides at Imagicaa Water Park, Khopoli. This expansion which has been in the works for a while, would elevate the overall customer experience.
This expansion will raise the water park’s daily football capacity by around 30%, enabling the company to accommodate a larger audience on peak days and meet the growing demand for immersive leisure activities. The addition of new rides to the water park will inject a fresh sense of excitement and novelty into the park, perfectly timed to coincide with the summer season. The total capital expenditure for the addition of these rides amounted to around Rs 12 crore, reaffirming the company’s continuous investment in enhancing its attractions and facilities.
Imagicaaworld Entertainment is engaged in the business of development and operations of theme-based entertainment destinations in India, including theme parks, water parks and associated activities including retail merchandising and food and beverages.
