The management is focussed on there business there is no doubt. It’s just after two high growth years they are seeing some dip in footfalls. They are doing fund raise to fuel growth for next 7-8 years comprising 5 park. They are don’t need fund for Chennai park. They have moat in there business as they manufacture and install there own rides. I think next ten year all we see a new wonderla. I think they will raise approx 1500 – 2000 cr for atleat 2 big parks like Chennai and Bangalore(500 cr each) and 3 tier 2 parks like orissa and kochi (200 cr each)
| Subscribe To Our Free Newsletter |
