Imagicaaworld zooms 27% in two days on launching Aquamagicaa in Surat

The company said business continues to show an excellent rebound after two years of adverse COVID-19 impact as well as overall improvement in the health of operations.

Shares of Imagicaaworld Entertainment hit a 52-week high of Rs 48.43 as they rallied 17 per cent on the BSE in Friday’s intra-day trade amid heavy volumes. The stock surpassed its previous high of Rs 46.90, touched on September 1, 2022.

In past two days, the stock has zoomed 27 per cent after the company, which operates Imagicaa – theme park, water park, snow park and a family hotel Novotel Imagicaa Khopoli, announced the launch of its Waterpark, Aquamagicaa, in the city of Surat, Gujarat.

At 02:55 PM; Imagicaa quoted 16.7 per cent higher at Rs 48.11 on