21 Sep 2024

Wonderla Holidays Gains Momentum with New Amusement Park in Bhubaneswar

Wonderla Holidays' stock is currently trading at ₹880.00, marking an increase of 9.15 points or 1.05% from its previous close of ₹870.85 on the BSE. The stock opened at ₹854.00 and reached a high of ₹892.00 with a low of ₹854.00 during the day. A total of 8,897 shares have changed hands so far.

A member of the BSE group 'A', Wonderla's stock has a face value of ₹10 and has seen a 52-week high of ₹1,106.70 on April 8, 2024, and a 52-week low of ₹611.35 on September 22, 2023. Over the past week, the stock's high and low stood at ₹892.00 and ₹838.60, respectively. The company's current market capitalization is ₹4,936.30 crore, with promoters holding 69.79% of the shares, while institutional and non-institutional investors hold 9.82% and 20.40% respectively.

Wonderla Holidays recently opened a new amusement park in Bhubaneswar, Odisha, marking its debut in the state and solidifying its leadership in India's amusement and entertainment industry. As the first major amusement park brand in Odisha, Wonderla Bhubaneswar is set to elevate the state's tourism landscape by offering world-class rides and attractions, making it a key destination for both local and national visitors. This move aligns with Wonderla's strategy of expanding its presence across India and enhancing the tourism experience.

Since its soft launch in May, the park has generated over 400 jobs and contributed significantly to the local economy. It has also launched community programs, such as providing school kits to local students and organizing blood donation drives with the Red Cross Society, highlighting the company's commitment to regional development. Wonderla's entry into Odisha reinforces its growing footprint in India’s tourism and entertainment sector.

Wonderla Holidays is one of India's largest amusement park operators, with parks in Kochi and Bangalore. A third park is under construction in Ranga Reddy District, Andhra Pradesh, called Wonderla Hyderabad.