India's Wonderla Holidays rises on potential Chennai park launch in December

Wonderla Holidays

19/11/2025 05:15

** Shares of Wonderla Holidays WOHL.NS rise 2.11% to 570.45 rupees, set for third consecutive session of gains, if current gains hold

** The amusement park operator to open a new Chennai park on Dec 2, 2025, with a daily capacity of 6,500 visitors and an entry price of 1,489 rupees

** ICICI Securities says opening to provide a key growth lever supporting stronger footfalls and revenue traction in medium term

** Adds incremental footfalls, coupled with higher ARPU-driven revenue mix should improve co's operating leverage and lead to revival in EBITDA margins from FY27 onwards

** Notes that over the next 3-4 years, the park is expected to mature and stabilize at upto 1.2 million annual footfalls

   ** More than 124,000 shares traded, 1.5x more than their 30-day avg

** YTD, WOHL down ~22%

 (Reporting by Urvi Dugar in Bengaluru)

 ((UrviManoj.Dugar@thomsonreuters.com;))