Entertainment · IMAGICAA
Amusement Parks
from 47 today
We cut our EBITDA estimates by 3% for FY27E/FY28E as footfalls were ~5% lower than 1QFY25 despite addition of Indore Park. Nonetheless, addition of Shanku's water Park and Sabarmati Park is likely to boost footfall growth over the next 2 years, and we retain BUY with a SoTP based TP of INR64.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.
