Burger King India: Growth strategy, margin expansion key to stock rally

The company recently posted its December quarter (Q3FY22) results and brokerages have either downgraded the stock by a notch or have reduced their target price

Burger King
Web Exclusive Premium

Nikita Vashisht New Delhi
Shares of Burger King India have been underperforming on the bourses for some time now. They surged 2.8 per cent on Friday, to Rs 134.2 per share on the BSE, but were still close to its 52-week low level of Rs 126, hit on May 5, 2021. In comparison, the BSE Sensex ended 0.1 per cent down at 57,200.

Over the past six months, Burger King India has underperformed the benchmark S&P BSE Sensex and other peers by falling 25.34 per cent, ACE Equity data show.

In comparison, the BSE Sensex and the BSE 500 indices jumped nearly 9 per

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 28 2022 | 12:07 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com