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Wonderla Holidays surges 13%, nears 52-week high on strong Q3 results

The management said the significant boost in the number of visitors was due to the increase in domestic tourism, walk-in customers and the revival of student excursion trips

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Wonderla

SI Reporter Mumbai
Shares of Wonderla Holidays surged 13 per cent to Rs 425 on the BSE in Wednesday’s intra-day trade on the back of heavy volumes after the company reported a strong 85 per cent year-on-year (YoY) jump in its profit after tax to Rs 38.90 crore in the December quarter (Q3FY23) given a healthy operational performance.

The stock of India’s largest amusement park chain was trading close to its 52-week high level of Rs 455, touched on September 20, 2022. At 01:03 pm; it was quoting 9 per cent higher at Rs 409 as compared to a 0.65 per cent