Wonderla Holidays
Wonderla Holidays is a Bangalore based amusement park company. It has 2 amusement at Bangalore & Kochi. They started with Wonderla amusement park in Kochi in 2000 & Bangalore in 2005. The company is owned by Kouhouseph Chittilappilly & Arun Chittilappilly. The company came with an IPO few months to get funding for setting an amusement park in Hyderabad.
Financials (JAS Quater)
Sales of Wonderla increased from Rs.27cr to Rs.34cr a growth of 25%
Profit of Wonderla increased from Rs.4.41cr to Rs.6.44cr a growth of 44%
Trailing EPS of the company increased from 10.58 to 10.67
The stock is currently trading at 27PE whereas the industry PE is more than 40.
We are expecting that the sales of company will increase once the holiday season starts.
With that, we are expecting the share price to reach Rs.300 in a year time a growth of Rs. 30 or 12%.
Technically the chart is not very strong. so you can wait for few more days for stock to fall and buy it from long term purpose.
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