Wednesday 14 May 2014

wonderla holidays is a buy

Wonderla Holidays Limited:

Wonderla Holidays Limited operates two largest amusement parks in Bangalore and Kochi under the brand name Wonderla.
Wonderla – Kochi
Established in the year 2000, Wonderla Kochi (formelrly Veega Land) is an amusement park that lent a new dimension to tourism in Kerala. Tucked away in a lush green hill, this beautiful park which crossed the 1 Crore visitor mark this year, has 54 land, sky, water kids rides is built to international standards and impeccably maintained. The first park in India to get ISO 14001 certified for eco-friendliness and OHSAS 18001 certified for safety, the popularity Wonderla Kochi enjoys as a family fun destination is truly phenomenal!
Wonderla – Bangalore
Wonderla – Bangalore, India’s favourite amusement park, is located on Mysore Road, just 28kms away from Bengaluru city. Nestled in 82 acres of lush greenery, Wonderla, established in the year 2005, has 54 thrill packed rides, offering a monster dose of entertainment and fun for all age groups. Having entertained more than 50 Lakh visitors in 6 years, Wonderla Bangalore is all set to become a one-of-its-kind holiday destination with the inauguration of Wonderla Resort- a luxury resort built right inside the park- in April 2012.

Promoters-

V-Guard 

V-Guard Group, the promoter of Wonderla Holidays Ltd, is one of India’s top electric and electronic consumer products brand. Founded and guided by the charismatic visionary Kochouseph Chittilappilly, V-Guard today is a household name, manufacturing a host product including Stabilisers, Water Heaters, Solar Water Heaters, Pumps, UPS, Digital Inverter & Battery, Fans, Wiring Cable, Industrial Cable & Induction Motors. With over 9000 Retailers and 150 Distributors across the Country, V-Guard got listed with NSE in the year 2008.

The company is in niche segment of recreation and amusement park facility. As Indian tourism is on growth, the company has huge potential in future  to grow it's revenue and profit after expanding in other locations of India. As per research team, the CMP 168 Rs. of wonderla is cheaper and we can expect 30% surge in the price in coming 6 months. We recommend to buy at CMP for the target of 220 Rs.

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