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Nifty futures on Singapore Exchange traded 38.5 points, or 0.25 per cent, lower at 15,298 signaling that Dalal Street was headed for a negative start on Thursday. Here are a dozen stocks that may buzz the most in today s trade:
Sun Pharma, Eicher Motors,
Cadila Healthcare: Sun Pharma, Eicher Motors, Cadila Healthcare,
Page Industries, Dixon Technologies, Alkyl Amines, Phoenix Mills, UCO Bank, Aegis Logistics, Solar Industries, HEG, Metropolis, Fine Organic, India Grid, Wockhardt are among companies that will announce their March quarter results today.
Burger King India: The recently listed QSR chain reported a consolidated net loss of Rs 25.94 crore for the fourth quarter ended March 2021. It had posted a net loss of Rs 37.41 crore during the January-March 2020 quarter.
Equity indices ended a volatile session with small gains on Thursday. The Nifty managed to close above the 15,300 mark after slipping below that level in the intraday. Banksm IT and metal stocks were in demand while realty shares corrected.
As per the provisional closing data, the barometer index, the S&P BSE Sensex, rose 97.70 points or 0.19% at 51,115.32. The Nifty 50 index gained 36.40 points or 0.24% at 15,337.45. Trading was volatile as the May 2021 F&O contracts expired today, 27 May 2021.
The broader indices outperformed the benchmarks. The S&P BSE Mid-Cap index rose 0.54% while the S&P BSE Small-Cap index added 0.34%.
Buyers outpaced sellers. On the BSE, 1,756 shares rose and 1,364 shares fell. A total of 144 shares were unchanged.
Burger King India shares decline over 7% after posting net loss in Q4 freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
Shares of Burger King India Ltd closed nearly 3 per cent lower on Thursday after the company reported a consolidated net loss of Rs 25.94 crore for the fourth quarter ended March 2021. The stock dipped 7.22 per cent to Rs 145.05 during the day on the BSE. It finally closed at Rs 152.05, lower by 2.75 per cent. On the NSE, it closed at Rs 152.55, a decline of 2.39 per cent after tumbling 5.18 per cent to Rs 148.20 during the day. In traded volume terms, 10.15 lakh shares were traded at the BSE and over 86.62 lakh shares at the NSE during the day.
Burger King India Ltd on Wednesday reported a consolidated net loss of Rs 25.94 crore for the fourth quarter ended March 2021.
On a standalone basis, Burger King India s net loss stood at Rs 25.94 crore in Q4 FY21 compared with net loss of Rs 37.41 crore in Q4 FY20.
Net sales rose 2.6% to Rs 196.05 crore in Q4 FY21 over Q4 FY20. Pre-tax loss stood at Rs 25.94 crore in Q4 FY21, lower than pre-tax loss of Rs 37.41 crore in Q4 FY20.
Restaurant EBITDA slipped 1.8% to Rs 14.11 crore in Q4 March 2021 as compared to Rs 14.37 crore in Q4 March 2020. The Restaurant EBITDA was driven by gross margin improvement and operating cost optimisations. Restaurant EBITDA margin was at 7.2% in Q4 FY21 over 8.8% in Q4 FY20. Reported EBITDA grew 2.1% to Rs 24.59 crore in Q4 March 2021 as against Rs 24.09 crore in Q4 March 2020. Reported EBITDA margin stood at 12.5% in Q4 FY21 over 14.8% in Q4 FY20.