ASHISH CHUGH Latest stock pick Powerhouse Gym and Wellness Limited

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Pee Vee
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ASHISH CHUGH Latest stock pick Powerhouse Gym and Wellness Limited

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ASHISH CHUGH bought 100000 shares of Powerhouse Gym and Wellness Limited on 20th December 2017.

This is the latest stock pick of ASHISH CHUGH for his portfolio. The price paid was Rs. 8.98 for the share.

Powerhouse Gym & Wellness Limited, formerly Powerhouse Fitness and Realty Limited, is an India-based health and fitness services, and gymming services company. The Company provides diverse fitness services apart from standard gymming and fitness solutions, such as Zumba program, Spa, Massage, Aerobics, Yoga and Physiotherapy. The Company has locations throughout North America, South America, Europe, India, Russia and Asia. It also operates in the media business by publishing Powerhouse magazine and broadcasting personalized internal network, Powerhouse TV.

Powerhouse gym is the largest gym chain in Mumbai. It has 14 BRANCHES ACROSS MUMBAI. Founded in 1975 by brothers, William and Norman Dabish, the health club chain, which began as a single inner-city establishment in Highland Park, Michigan, has grown into one of the most well-known and well respected health club organizations in the world.

The current market capitalisation stands at Rs 8.70 crore.

The company management includes Akshat Gupta - Managing Director, Ankush Gupta - WholeTime Director & CEO, Vishnu Pratap Dhanman Dwivedi - Independent Director, Shreya Suday Bagayatkar - Independent Director.

Ashish Chugh may have bought the stock because of its growth potential.

http://powerhousegymindia.co.in/
panjarakuttan
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Re: ASHISH CHUGH Latest stock pick Powerhouse Gym and Wellness Limited

Post by panjarakuttan »

What growth potential this stock has ?
Pee Vee
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Re: ASHISH CHUGH Latest stock pick Powerhouse Gym and Wellness Limited

Post by Pee Vee »

panjarakuttan wrote:What growth potential this stock has ?
Generally speaking there is great demand for gyms and fitness centres in urban areas. So the potential to grow is immense. How well it can be implemented by the company requires to be seen.
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