Stocks to buy with Anil Singhvi: Sandeep Jain recommends Wonderla Holidays today | Money-making Tips!
Stocks to Buy With Anil Singhvi: In today's edition of 'Jain Sahab Ke Gems' show, stock market analyst Sandeep Jain, while speaking to Zee Business Managing Editor Anil Singhvi, named another stock for investors to make good gains from.
Stocks to Buy With Anil Singhvi: In today's edition of 'Jain Sahab Ke Gems' show, stock market analyst Sandeep Jain, while speaking to Zee Business Managing Editor Anil Singhvi, named another stock for investors to make good gains from. Today, he has recommended a stock that he said has potential to give high returns to investors. The stock he picked today is Wonderla Holidays Limited and here is why.
According to Sandeep Jain, Wonderla Holidays Limited is one of the largest Amusement park companies in India. Wonderla Holidays Limited operates three Wonderla brand amusement parks in South India. The company opened its first park in Kochi in 2000 second one in 2005 at Bangalore and the third one in Hyderabad in April 2016.
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In today's episode, market analyst Sandeep Jain said: "Wonderla Holidays Limited is a great company. And If we keep aside the recent quarter results of the company, which was affected due to COVID-19 pandemic, I think in upcoming days, as people are getting vaccinated as well, so it will perform better. In June 2019, the PAT (profit after tax) of the company was 42 crores and in December 2019, the PAT was 21 crores."
"At present, Wonderla Holidays is available at very good levels. I'm very bullish on this stock. Investors should buy this stock at these current levels. It will be beneficial for them in the future," he further added.
Wonderla Holidays: Investors Strategy
On what should be the strategy that a stock market investor can maintain in regard to Wonderla Holidays shares, Jain told Anil Singhvi, "Wonderla Holidays Limited stock is currently trading around Rs 214.40 and one can target this stock at Rs 250-270."
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