Home / Markets / News / Burger King's stellar debut puts spotlight on QSR stks; Westlife soars 13%

Burger King's stellar debut puts spotlight on QSR stks; Westlife soars 13%

Shares of BKIL were locked in the 20% upper circuit band, at Rs 199.25, on the BSE for the third straight day

Burger King India Ltd. surged 131% on its first day of trading. (Photo: Bloomberg)

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Foreign portfolio investor Valiant Mauritius Partners Offshore purchased 2.5 million equity shares of BKIL, worth Rs 32.57 crore, via bulk deal on the NSE on Monday. The foreign portfolio investor bought shares at price of Rs 130.28 per share, data s

SI Reporter Mumbai

2 min read Last Updated : Dec 16 2020 | 1:13 PM IST

Shares of companies engaged in the quick-service restaurant (QSR) business were in focus on Wednesday as the stock of recently listed Burger King India (BKIL) was locked in upper circuit of 20 per cent for the third straight day, following a stellar debut at the bourses on Monday.

Shares of Westlife Development rallied as much as 13 per cent to Rs 476 on the BSE on the back of a six-fold jump in trading volumes. The stock was trading close to its 52-week high of Rs 500, touched on February 4, 2020.

Westlife Development focuses on putting up and operating

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