Wonderla Holidays gains up to 7% on strong Q2 performance
Footfalls at the amusement park chain during the quarter under review stood at 4.7 lakhs in comparison to 3.57 lakhs during the same period of FY20, the pre-Covid time. Gross revenue came in at Rs 69.7 crore in comparison to Rs 43.9 crore.
2 smallcaps hit 52-week high in anticipation of strong festive season
Shares of Mahindra Holidays on Tuesday gained close to 9 per cent and scaled their fresh 52-week high of Rs 313.6 per share. The scrip has logged the biggest single-day gain since March 22, 2022. Volumes at the counter rose over three times the 10-day average trading volume. The scrip in a months time has zoomed 18 per cent.
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Wonderla zooms 19% as the resort reopens with limited capacity
Shares of Wonderla Holiday shot up 19 per cent on Tuesday after the company's resort in Bangalore, Karnataka reopened for business on July 5. The resort, situated in the outskirts of India's silicon valley will open with 50 per cent capacity as a crowd control measure. However, the Wonderla Amusement Park will remain closed until further notice from the State Government.
Wonderla Holidays: Wonderla Bangalore announced the closure of water rides effective from 7th April till further notice, following the government directive. All land rides will be functional as normal. #WONDERLA
Wonderla Holidays elevates Arun Chittillappilly as MD to digitise biz in wake of the pandemic
This move also comes after the announcement of retirement of Kochuseph Chittilappilly, promoter and non-executive director of Wonderla Holidays, who will continue in an advisory role as chairman emeritus of the company.