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BENGALURU (Reuters) - Shares of restaurant chain Barbeque-Nation Hospitality recovered early losses to rise 18% in their debut trading on Wednesday, helped by a rally in broader Indian markets on the central bank’s decision to stand pat on key interest rates.
A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, February 1, 2020. REUTERS/Francis Mascarenhas
The Bengaluru-based casual dining restaurant chain, which offers unlimited barbecue buffets, raised about 4.53 billion rupees ($61.62 million) through an initial public offering (IPO).
Shares of Barbeque-Nation, which also operates the high-end Toscano eatery chain, opened at 489.85 rupees, below the offer price of 500 rupees. Stock recovered to trade up 17.6% after dropping as much as 3.6% in early session.
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Burger King India Ltd posts loss of Rs. 29.02 crore in Q3FY21
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Burger King India Ltd has reported financial results for the period ended December 31, 2020.
Financial Results (Q3 FY20-21) - QoQ Comparison
The company has reported total income of Rs.175.86 crores during the period ended December 31, 2020 as compared to Rs.110.62 crores during the period ended September 30, 2020.
The company has posted net profit / (loss) of Rs.(29.02) crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.(38.50) crores for the period ended September 30, 2020.
The company has reported EPS of Rs.(0.98) for the period ended December 31, 2020 as compared to Rs.(1.34) for the period ended September 30, 2020.