Thus far in 2024, stocks such as Coffee Day Enterprises, Speciality Restaurants, Barbeque-Nation Hospitality, Restaurant Brands Asia and Westlife Foodworld have lost up to 42%, shows ACE Equity data.
Two entities -- Tamara and Pace -- on Wednesday offloaded shares of casual dining chain Barbeque Nation Hospitality for an estimated Rs 669 crore through open market transactions.
Despite the likelihood of an aggressive rate hike by the US Federal Reserve (US Fed), a correction in equity markets, analysts expect the primary market action to stay on track, albeit a minor hiccup
Shares of Barbeque-Nation Hospitality Ltd on Friday jumped nearly 3 per cent after the company reported a consolidated net profit of Rs 14.83 crore for the third quarter ended December 2021.
JSPL expects to conclude the deal to sell its 96.42 per cent stake in its arm Jindal Power for Rs 7,401 crore to a promoters-owned firm Worldone by this year end
Massive has brands like Made in Punjab, Farzi Cafe, Pa Pa Ya, Masala Bar, and BO-TAI; has lined up expansion on brick-and-mortar side of the business, as well as the delivery vertical
Realty firm Ashiana Housing on Saturday reported a consolidated net loss of Rs 5.2 crore for the quarter ending March. Its net loss stood at Rs 8.63 crore in the year-ago period
Rally surprised Street as most were expecting subdued listing due to the fresh turbulence in restaurant sector caused by the lockdown imposed in Maharashtra to contain Covid-19 spread
While the company has posted revenue growth of 20 per cent CAGR between FY18-FY20, it has been continuously incurring losses at PAT (profit after tax) level despite topline growth
Shares of Barbeque-Nation Hospitality fell 2% in their market debut on Wednesday, after the casual dining restaurant chain raised about Rs 4.53 billion through an IPO