India's Wonderla Holidays climbs to 4-month high as Q3 net profit surges

Wonderla Holidays

08/02/2023 04:27

** Shares of Wonderla Holidays  WOHL.NS  rise as much as
13.81% to 426 rupees, their highest levels in more than four
months
    ** The sharp uptick comes after a near nine-fold increase in
co's Q3 net profit to 389.45 mln rupees, compared with 45.48 mln
rupees a year ago
    ** Wonderla's Q3 core profit nearly quadrupled to 564.48 mln
rupees while the core profit margin expanded to 49.91% from
29.51%
    ** Trading volume is 788,851 shares, nearly 15 times the
30-day avg of 54,280 shares
    ($1 = 82.6630 Indian rupees)
 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; Mobile:
+919769003463))