All QSR majors, however, will face margin pressures given rise in food prices, analysts say
Shares of multiplex restaurant owners are likely to be in focus on easing of Covid-19 related curbs in Maharashtra.
A total of 108.40 million shares allotted to qualified institutional buyers started trading on the exchanges on Friday, February 18, 2022.
Among individual stocks, Bharti Airtel, M&M, HDFC, Kotak Bank, Nestle India, and Dr Reddy's Labs were the only Sensex gainers today
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
Follow-up buying in some of these stocks can see them move up in the sessions ahead. However, investors need to be mindful of the overall market volatility besides the technical setup
Cipla, Federal Bank, Finolex Industries, Indiabulls Real Estate, ICRA, Macrotech Developers, Maruti Suzuki, Pidilite, SRF, Torrent Pharma and United Spirits to announce results today.
Total expenses were at Rs 298.23 crore, up 45.56% from Rs 204.89 crore in the year-ago period
Supriya Lifescience IPO seems to be reasonably priced, read detailed analysis
Bank shares may be in focus as RBI proposes to introduce revised norms for banks for setting aside capital for operational risks
While the company did not specify where the funds are intended to be used, Burger King India has been on a footprint expansion
Investor wealth rose by Rs 3.6 trillion on the BSE today, taking m-cap of all listed BSE companies to Rs 247.34 trillion
Amit Banerjee took over as Chairman and Managing Director of BEML on Friday
Motilal Oswal Financial Services (MOFSL) expects Burger King India to rise as much as 117 per cent in the next three years
The stock dipped 7.22 per cent to Rs 145.05 during the day on the BSE. It finally closed at Rs 152.05, lower by 2.75 per cent
At the bourses, 'unlock trade' has been playing out well over the past few weeks with stocks from the related sectors on a run
ICRA, on Monday, revised Burger King India's Long-term/Short-term unallocated amount's rating to ICRA A-/ICRA A2+. Besides, the agency also revised the outlook from 'negative' to 'stable'
Ircon International board approved the issue of bonus shares in the ratio of 1:1
The Street is bullish about the long-term growth trajectory, but analysts believe the stock is factoring in the near-term upsides. Investors could look at it on dips
Amid second wave of Covid-19 in India, analysts believe investors will be better off if they avoid QSR, multiplex, or travel-related stocks till the situation improves