Wonderla Holidays is currently trading at Rs. 295.25, up by 6.30 points or 2.18% from its previous closing of Rs. 288.95 on the BSE.
The scrip opened at Rs. 293.90 and has touched a high and low of Rs. 295.60 and Rs. 293.60 respectively. So far 113 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 320.95 on 01-Apr-2019 and a 52 week low of Rs. 232.00 on 23-Jul-2019.
Last one week high and low of the scrip stood at Rs. 295.60 and Rs. 273.90 respectively. The current market cap of the company is Rs. 1662.79 crore.
The promoters holding in the company stood at 69.34%, while Institutions and Non-Institutions held 16.97% and 13.69% respectively.
Wonderla Holidays has planned to set up an Amusement Park in Chennai with an estimated cost of around Rs 350 crore for which the land was already purchased. In view of the levy of Entertainment Tax of 10% by the Government of Tamil Nadu under Tamil Nadu Local Authorities Entertainment Tax Act, 2017, over and above GST of 18%, the project was put on hold for some time.
Now the Government of Tamil Nadu has agreed to give exemption to the company from levy of Entertainment Tax for a period of 5 years commencing from November 1, 2019. Consequently the Company shall be commencing construction of the Chennai Project soon, subject to necessary Project approvals by the Authorities.
Wonderla is India's biggest amusement park, from the V-guard Group of companies, this is the second park from this group. The company also engaged in the business of Resort, Amusement Parks.
| Company Name | CMP |
|---|---|
| Delta Corp | 77.76 |
| Wonderla Holidays | 507.60 |
| Imagicaaworld Enter | 46.88 |
| Nicco Parks & Resort | 78.00 |
| Hanman Fit | 4.00 |
| View more.. | |
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