The 5-year analysis of Galaxy Cloud Kitchens Ltd's performance infers:
We analysed the performance of Galaxy Cloud Kitchens Ltd share prices over the last 10 years. Here is what we found out:
Galaxy Entertainment Corporation (GECL) is a leisure and entertainment organization. It operates one of South Asia`s largest state of the art premium family entertainment centre. Galaxy Entertainment Corporation also undertakes sponsorship contracts. The company was incorporated in 1981 and is based in Mumbai, India. This entertainment centre at Mumbai comprises bowling and other game facility, bars and banquet halls.
Chatterjee Management Services have ceased to act as the promoters of
Chatterjee Management Services have ceased to act as the promoters of the company and Pantaloon Retail (India), with a stake of 15.73%, and Bellona Finvest are the promoters of the company. Galaxy Entertainment Corporation (GECL)- a Future Group venture is Indiaâ€™s best known professionally managed entertainment conglomerate set up to provide customers with world class options for leisure and entertainment, which includes restaurants, bowling alleys and various games. The company is headquartered in Lower Parel, Mumbai.
The company focuses on leisure and entertainment business segment comprising of food and beverage, games and restaurant activities. It entered into a joint venture (with 51% equity stake) with Ridge Foods, a division of Ridge Hospitals, for acquiring the existing assets of Ridge Foods including franchisee rights of tropical Smoothie Cafe, a USA brand of fresh fruit drink.
Business areas of the company:
Galaxy Entertainment Corporation, together with its subsidiaries, operates leisure and entertainment centers in India. The companyâ€™s centers provides facilities, such as bowling, pool and video games, kiosks, restaurants, and restaurants with bar. As of March 31, 2009, it operated 27 centers.
1. Galaxy Lifestyle Restaurants is a wholly owned subsidiary company.
2. CeeZee Foods is a wholly owned subsidiary and is engaged in the restaurant business which currently offers the `Sports Bar` restaurant at Colaba, Mumbai.