A stock market analyst from the south who recently visited all amusement parks of Wonderla Holidays to gause the effect of the abnormal rains in south India on the footfalls in the company’s amusement parks in Kochi, Hyderabad and Bangaluru has insisted that the adverse impact of the abnormal rains on the company’s financial performance will only be temporary and the numbers will be affected marginally in the current year only. What is more the new amusement park which has come up at Hyderabad will start earning good from the next year. As a result, the financial performance of the company may be muted for the fiscal 2016 but quite encouraging from the next year onwards. Afterall, Wonderla is a strong brand in south India and offers valuefor- money entertainment option for the people in that part of the country. But for the rains, the company can bank on more and more consumers scounting for better week-end entertainment option.
*Intraday & Short Term News For Monday* *Fii And Dii News* *TCI FINANCE LTD (501242 & NSE) (31)* Incorporated in 1973, TCI Finance Ltd (TCIFL) is a Non-Banking Finance Company (NBFC) registered with the RBI and engaged in the business of Inter-Corporate Deposits, investment in equities of bodies corporate etc. The Company was promoted by Mr. Mahendra Agarwal, who is also the Managing Director and CEO of Gati Ltd, a pioneer in express distribution and supply chain and promoted by TCFIL The Rs.2 paid-up share of Gati Ltd currently trades at Rs.113. TCIFL has one subsidiary - ITAG Business Solutions Ltd engaged in the business of Knowledge Process Outsourcing (KPO) in the domain of Intellectual Property Services. *It is co-promoter of GATI LTD. Company is holding 55,12,455 shares (5.09%) stake in GATI LTD. At CMP value of investments is around Rs.62.3crore. Equity is Rs.12.87crore. Thus value of investment works out to Rs.48.4 per share ...
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