Wonderla share price has shown a lot of activities today, before and after the quarterly result of the company. Wonderla Holidays Ltd.’s shares plunged around percent after the company’s net profit went down by 19 percent in the first quarter compared to the same period last year.
Profit knocked down to Rs 22.5 crore in the April-June quarter from Rs 28 crore in the corresponding quarter last year.The Revenue went up 32 percent to Rs 88.9 crore in the first quarter from Rs 67.2 crore in the same quarter in last financial year. The company reported other income at Rs 2 crore. EBITDA fell to Rs 39.2 crore, down by 2.7 percent on a year-on-year basis and EBITDA margin also fell to 44.1 percent from 59.9 percent over the year.
Before the results were declared Wonderla share price went up by 1% with the volume traded going up by 1.62 times. Dynamic Levels have identified the stock as the Multibagger for the month. The stock is traded on high volume and can produce good returns. Wonderla share price was trading near its closest support level which is Rs. 398.15. The closest resistance of the stock stands at Rs. 424.10. For more details on support and resistance levels on the stock visit the Wonderla share price forecast page of the website.
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