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Barbeque-Nation gallops on reporting Q4 PAT at Rs 6 cr

Barbeque-Nation Hospitality climbed 7.29% to Rs 686.25 after the company s consolidated net profit stood at Rs 6.40 crore in Q4 FY21 compared with net loss of Rs 27.89 crore in Q4 FY20. Net sales jumped 18.52% to Rs 226.34 crore in Q4 FY21 as against Rs 190.96 crore in Q4 FY20. Pre-tax profit stood at Rs 8.32 crore in Q4 FY21 as against a pre-tax loss of Rs 37.03 crore in Q4 FY20. Reported EBITDA grew 128% to Rs 56.10 crore in Q4 FY21 as against Rs 24.60 crore over the same period last year. EBITDA margin improved to 24.8% in Q4 March 2021 from 12.9% in Q4 March 2020. Same Store Sales Growth (SSSG) stood at 19.9% in Q4 FY21 compared with negative SSSG of 16.7% in Q4 FY20. Restaurant operating margin rose 151% YoY to Rs 46.4 crore in Q4 FY21. The delivery revenue stood at Rs 28.5 crore, jumping 471% Y-o-Y.

Sensex rises 30 pts; Nifty holds 15,200

The benchmark indices managed to eke out minor gains on Tuesday. The Nifty closed above 15,200 mark after slipping below that level in the intraday. Banks and financial stocks declined while IT, media and metal stocks reported decent gains. As per the provisional closing data, the barometer index, the S&P BSE Sensex, rose 29.55 points or 0.06% at 50,681.63. The Nifty 50 index gained 21.75 points or 0.14% at 15,219.45. HDFC Bank (down 1.92%), Axis Bank (down 1.18%) and Reliance Industries (down 1.09%) were major drags. In the broader market, the S&P BSE Mid-Cap index fell 0.31% while the S&P BSE Small-Cap index added 0.26%. Buyers outpaced sellers. On the BSE, 1,794 shares rose and 1,335 shares fell. A total of 152 shares were unchanged.

Benchmarks end almost flat, Nifty holds 15,200; HDFC Bank slips 2%

The benchmark indices settled near the flat line on Tuesday. The Nifty closed above 15,200 mark after slipping below that level in the intraday. Banks and financial stocks declined while IT, media and metal stocks advanced. The barometer index, the S&P BSE Sensex, fell 14.37 points or 0.03% at 50,637.53. The Nifty 50 index gained 10.75 points or 0.07% at 15,208.45. HDFC Bank (down 2.02%), Axis Bank (down 1.26%), Reliance Industries (down 1.06%) and HDFC (down 0.45%) were major drags. In the broader market, the BSE Mid-Cap index slipped 0.31% and the BSE Small-Cap index added 0.26%. The market breadth was positive. On the BSE, 1,786 shares rose and 1,342 shares fell. A total of 153 shares were unchanged.

Benchmarks trade higher; metal stocks shine

The main equity indices traded with decent gains in morning trade. The Nifty traded near the 15,300 mark. Metal stocks witnessed value buying while banks stocks corrected. The moderation in daily new COVID-19 cases in India improved investors risk appetite. Upbeat Asian stocks also boosted sentiment. At 10:30 IST, the barometer index, the S&P BSE Sensex, was up 194.16 points or 0.38% at 50,846.16. The Nifty 50 index was up 73.05 points or 0.48% at 15,270.45. In broader market, the S&P BSE Mid-Cap index was up 0.54% while the S&P BSE Small-Cap index was gained 0.78%. The market breadth was strong. On the BSE, 1897 shares rose and 820 shares fell. A total of 122 shares were unchanged.

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