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Why i feel Imagicaa world Entertainment Ltd is a turn around .
Market Cap₹ 1,972 Cr.
Stock P/E 5.44 , Industry PE24.2
Debt to equity is high 3.43
#Imagicaa #EntertainmentIndustry #Tourism
Market Cap₹ 1,972 Cr.
Stock P/E 5.44 , Industry PE24.2
Debt to equity is high 3.43
#Imagicaa #EntertainmentIndustry #Tourism
Imagicaa Maharashtra-based amusement park business, Malpani PG, has acquired a 66.25% stake in Imagicaa through preferential allotment of equity shares worth ₹415 crore. This move strengthens Imagicaa's position in the industry.
As part of the debt resolution plan, lenders were allotted equity shares worth ₹75 crore, resulting in a collective shareholding of 11.97% in the company. This strategic step helps in restructuring the debt and brings in new stakeholders.
