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Burger King: This multi-bagger debutant is fast losing steam Should you still hold?

The quick-service restaurant, 55 per cent of whose stores are in malls, reported narrowing of losses in the June quarter to Rs 44.35 crore from a Rs 80.45 crore loss in the year-ago quarter. Sales soared 289 per cent YoY to Rs 149.7 crore. Gross margins came in at 65.2 per cent for the quarter, up 290 bps YoY but down 40 basis points sequentially.

Travel, Tourism & Hospitality Mandarin hotel group woos travellers to European destinations

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