25-10-2023 12:17 PM | Source: Accord Fintech
Wonderla Holidays zooms on obtaining necessary approvals from Government of Tamil Nadu for Chennai Project

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

Wonderla Holidays is currently trading at Rs. 852.55, up by 44.15 points or 5.46% from its previous closing of Rs. 808.40 on the BSE.

The scrip opened at Rs. 808.05 and has touched a high and low of Rs. 887.70 and Rs. 805.05 respectively. So far 48932 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 887.70 on 25-Oct-2023 and a 52 week low of Rs. 315.50 on 23-Dec-2022.

Last one week high and low of the scrip stood at Rs. 887.70 and Rs. 792.00 respectively. The current market cap of the company is Rs. 4850.31 crore.

The promoters holding in the company stood at 69.72%, while Institutions and Non-Institutions held 8.30% and 21.97% respectively.

Wonderla Holidays has successfully obtained all the necessary approvals/ clearances/ NOCs from the Government of Tamil Nadu for its Chennai Project and thus poised to commence the construction of the Project.

Wonderla is set to unveil a stunning amusement park located 45 kilometers away from Chennai, nestled along the scenic Old Mahabalipuram Road. This enchanting destination will be situated in the charming village of Illalur, a mere 2 kilometers from the OMR highway. The grand vision for this project involves a substantial investment of approximately 400 crore, spanning across a sprawling 62-acre expanse in Illalur village, within the Thiruporur taluk of Chengalpet district.

This upcoming amusement park promises to be an iconic addition to the company’s expansion plans. It is poised to be a shining jewel in the organization's crown, offering a remarkable recreational experience to visitors.

Wonderla Holidays is one of the largest operators of amusement parks in India. It currently owns and operates two amusement parks under the brand name ‘Wonderla’, situated at Kochi and Bangalore and are in the process of setting up its third amusement park in Ranga Reddy District of Andhra Pradesh, Wonderla Hyderabad.