Saturday, July 23, 2016

Don't Miss Wondrela Holidays CMP 400 For Long Term

Wondrela Holidays @400 & Deeps. Expect 3x to 4x in next 2/3 Year.

Market Cap.: ₹ 2,268.78 Cr.
Current Price: ₹ 400
Book Value: ₹ 71.33
Stock P/E: 37.93
Dividend Yield: 0.50%
Face Value: ₹ 10.00
52 Week High/Low: ₹ 429.85 / ₹245.25

More parks on the Anwil .. After Hyderabad & Chennai . Bangalore to expan further and new park in Andra(Vizag ?)

Wonderla Holidays has signed an MoU with the Karnataka Government at the Invest Karnataka 2016 – global investors meet.

The company has announced an investment of Rs 150 crore in the next two years in Karnataka.

Wonderla Holidays announced that the Company has signed Memorandum Of Understanding (MOU) with the Government of Tamil Nadu at the Global Investors Meet (GIM) held on 10 September 2015 to set up a large scale amusement park at Chennai.

As per the MOU, the government of Tamil Nadu will facilitate speedy clearance to the project through single window clearance and will provide uninterrupted power and water supply.

The Company proposes to make an investment of Rs. 300 crores in the project over a period of next three years. The Company proposes to fund the project through combination of debt and internal accruals

Wonderla Holidays Limited announced an investment of Rs 250 crore in the next five years in Andhra Pradesh to set up an amusement park in Andhra Pradesh.

The company inked an MoU with the Andhra Pradesh Government expressing its plans to set up a park and thereby help create 500 jobs after the first phase and 200 jobs in the second phase.

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