Repeating what I tweeted.
Wonderla is fairly valued now– Assuming 20% YoY Sales Growth & 36% PAT margin, 30x FY24 PAT= 30 x 185Cr = 5560Cr.
There won’t be a big jump in footfalls going forward.
Red Queen Effect in action! 
Technically, the stock has dropped back into the channel.
Disc: Invested
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