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Burger King India falls for first time in 4 days as investors book profit

The QSR's stock tumbled 18 per cent from its fresh record high of Rs 219.15, hit on the BSE in Thursday's early morning trade

Burger King
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Burger King India reported losses in FY18, FY19, FY20 and H1FY21, leading to negative retained earnings of Rs 462 in H1FY21. This has resulted in erosion of a substantial portion of its other equity.

SI Reporter Mumbai
Shares of Burger King India were locked in 10 per cent lower circuit limit at Rs 179.35 on the BSE on Thursday as investors booked profit. The stock fell 18 per cent from its intra-day high of Rs 219.15. 

Till 02:28 pm, a combined 34 million equity shares, representing nearly 9 per cent of the total equity capital of Burger King India, changed hands on the NSE and BSE. There were pending sell orders for a combined 4 million shares on the exchanges, the data show.

The stock of the quick-service restaurant (QSR) hit a fresh high of Rs 219.15

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First Published: Dec 17 2020 | 2:44 PM IST

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