Speciality Restaurants surges 16%, stock at 3-yr high on strong Q3 earnings

Thus far in the month of February, the stock has zoomed 49 per cent, as compared to 0.04 per cent rise in the S&P BSE Sensex.

Shares of Speciality Restaurants hit an over three-year high of Rs 147.65, on rallying 16 per cent on the BSE in Friday’s intra-day trade on back of heavy volumes after the company reported a consolidated profit after tax (PAT) of Rs 11.20 crore in December quarter (Q3FY22). The company had posted a loss of Rs 3.69 crore in a year ago quarter (Q3FY21) and profit of Rs 2.60 crore in previous quarter (Q2FY22).

The stock of restaurants company traded at its highest level since March 2018. Thus far in the month of February, the stock has zoomed 49 per