Page 3 - Qsr

Jubilant FoodWorks hits new high, surges 35% in a month on growth prospects

The financial risk profile is supported by a debt-free status, strong net worth and high financial flexibility

QSR brand Wow! Momo Foods raises $15mn in Series C funding round

The latest round of funding values the company at Rs 1,225 cr

Jubilant FoodWorks surges 9%, hits record high on strong growth outlook

With vaccinations well under way, the management believes that the worst is behind them and is confident of delivering strong, sustained growth in the periods ahead

After a 'Whopper' debut, analysts see this QSR stock as a multibagger

Motilal Oswal Financial Services (MOFSL) expects Burger King India to rise as much as 117 per cent in the next three years

Burger King, Avenue Supermarts: Time to be selective in QSR segment

Sastasundar Ventures can see a jump of over 20 per cent if crucial levels are held, charts suggest.

Jubilant Foodworks doubles its QSR target market with Popeyes tie-up

Profitability of recent initiatives hinges on cost synergies and pace of rollout

Burger King, PVR: Avoid these stocks as India sees second wave of Covid-19

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

Jubilant Foods Q3 PAT up 21.6% to Rs 124 cr on doubling of deferred taxes

Operating revenue down slightly, massive closure of outlets due to pandemic affected overall business

Sustained volume gains at McDonald's a key trigger for Westlife stock

Margins could improve further on operating leverage and cost optimisation

Tech entrepreneur Atul Jalan to take his AI company Algonomy public in 2023

His firm Manthan Software and San Francisco-headquartered RichRelevance have completed their merger to form a new, rebranded AI firm Algonomy

Diversified base offers several growth opportunities for Jubilant FoodWorks

Valuations, however, are factoring in near-term benefits of growth and consolidation

Mrs Bectors subscribed 198 times, highest ever for a Rs 200-cr plus IPO

Generated bids worth over Rs 40,000 cr. Previously, only three tiny issues have garnered more than 200x subscription

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

Mrs Bectors Food IPO review: Play on large opportunity in biscuits, QSR

Healthy growth and sound fundamentals offer comfort

Mrs Bector IPO subscribed 3.72 times on Day-1 on strong retail interest

The company on Monday allotted shares worth Rs 162 cr to anchor investors Goldman Sachs India, SBI MF, Bajaj Allianz Life Insurance, among others

Burger King shares more than double in best listing day show in three years

Stock at Rs 138 verus issue price of Rs 60, was locked in upper circuit for some part of the day, with only buyers and no sellers

Amid long road to recovery, QSR stocks have an edge over multiplexes

Discretionary spending may take 15-20 months to reach FY20 levels; delivery-model and market share gains to support QSRs, while attracting footfall will be a challenge for multiplexes

Covid-19 impact on sectors: A two-quarter wait before growth picks up

The first of a three-part series highlights the issues faced by the auto, financial services, retail, and metals sectors

Despite slowdown, QSRs a big chunk of India's chained restaurant market

A just-released study by Avendus Capital says that QSRs show significant potential and are pushing the boundaries by rapidly Indianising themselves

QSR chains embrace travel retail to overcome slowing same-store sales

To recover sales and increase the footfall in their outlets, major QSR entities Devyani International and Lite Bite Foods are choosing new store locations with some care