Talwalkars Better Value Fitness in Wednesday’s trade is gaining ground, and the stock is up by 3% on an intraday basis. It witnessed a spurt in volume by over 2.78 times.
The fitness firm on Tuesday has signed a memorandum of understanding (MoU) to invest in equity shares of Force Fitness Limited (SNAP).
Force Fitness Private Limited is India’s third largest gym entity and the exclusive master franchisee in India for “Snap Fitness Inc.”.
In a period of one year the stock has delivered 18% returns, outperforming the BSE Healthcare index and underperforming the BSE Small-cap index over the same time span.
Talwalkars Better Value Fitness is engaged in the health and fitness services, and gymming business. It offers services such as transformation, reduction, NuForm, nutrition, spa, massage, aerobics, yoga and dietary regimes among others.