Wonderla scales record high; Imagicaaworld at 52-wk peak, up 44% in 3 days

The companies said business continues to show an excellent rebound after two years of adverse Covid-19 impact and an overall improvement in the health of operations

Shares of recreational service companies like Imagicaaworld Entertainment and Wonderla Holidays were in demand on Monday as they rallied up to 11 per cent on the BSE in the intra-day trade amid heavy volumes and expectations of strong earnings.

Imagicaaworld, which operates Imagicaa – theme park, water park, snow park and a family hotel Novotel Imagicaa Khopoli, hit a fresh 52-week high of Rs 54.90 on zooming 11 per cent on the BSE in intra-day trade. The trading volumes on the counter more-than-doubled with a combined 10.9 million shares having changed hands on the NSE and BSE, till 11:29