Burger King
Burger King share price hits lower circuit of 10% for second consecutive day
Fri, Dec 18, 2020
Burger King share price: After debuting on markets, the stock almost doubled investors' money. In fact, even after listing stock prices doubled in just a few sessions. Due to this, some investors decided to book some profit and the stock has slipped from the highs of all-time highs of Rs 213.8 to Rs 175 (down by 10%, lower circuit). Today again due to some strong selling the stock has again hit a lower circuit of 10% at Rs 157.5. There are only sellers in the system and no buyers for the stock. This indicates that the stock price has fallen over 25% from the highs made yesterday. The current market cap of the company is over Rs 6000 cr.
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Burger King share price plunges 10 pct today; Anil Singhvi says be cautious on stocks with high valuations
Fri, Dec 18, 2020
Burger, Biscuit and Biryani – these have been the flavor of markets during the entire week. Be it subscription of issues in Initial Public Offering (IPO) or buying of shares. The food stocks are seeing traction like there is no tomorrow. This is the beauty of the markets, Zee Business Managing Editor Anil Singhvi said and added that everybody wants to ride a rising wave
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Burger King share price triples in 3 days! Anil Singhvi explains how to protect profits and ride listing gains
Thu, Dec 17, 2020
The Market Guru said that all those who have bought this share for short term gains have been reaping the profits in abundance. He said that it was initially difficult to guess if the stock would hit the circuits. He said that this rally cannot really be predicted. In such a case, there should be a method for trading, he cautioned
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Burger King Share Price Today: Should you sell or hold, here is profitable strategy for you
Mon, Dec 14, 2020
Anil Singhvi said hardly many retail investors got the allotment of these shares. He said short term investors should decide if they want to keep their stop loss at Rs 100 or Rs 105 or Rs 110 depending upon their risk appetite. Singhvi said he would have been happier if more applicants would have got allotment. Some IPOs have rewarded applicants with decent returns but many got the allotment which helps them gain some profit. Lucky investors who got share allotted have doubled their money on the first day of listing added Singhvi.
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Burger King share price today: Share price soars over 120%, investor’s money more than doubles on listing day
Mon, Dec 14, 2020
Voicing his view on Burger King IPO listing today, Zee Business Managing Editor Anil Singhvi said that short term investors can keep stop loss of Rs 100 on the share price. Long term investors, the Market Guru said, can hold on to the Burger King stock. As informed by Anil Singhvi, the stock was listed in the range of Rs 110 to Rs 120.
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Burger King IPO Allotment Status: SHORTEST WAY! How to check shares directly on registrar Link Intime India, BSE website
Tue, Dec 08, 2020
Burger King IPO Share Allotment Status: After investors binged on Burger King India IPO and offer got subscribed over 156 times, now, it's time to check Burger King IPO Allotment Status.
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Burger King IPO subscribed over 3 times, Retail Portion booked over 15 times | check valuation, expansion and outlook
Thu, Dec 03, 2020
Burger King India Limited (BKIL) is one of the fastest-growing international Quick Service Restaurants (QSR) chains in India with 261 stores as of Sept 20 (the first store was opened in Nov 2014). On the operational front, the company’s revenue grew by 2.2x over FY18-FY20 to Rs 8412 mn in FY2020. Moreover, the company aims to have 370 stores by the end of Dec 2022 (700 stores by Dec 2026).On the valuation front, At the upper price band, the company is valued at 23.7x EV/ EBITDA considering the diluted equity shares which looks attractive compared to its listed peers (i.e Westlife development - 37x and Jubilant Foodworks - 38.5x) based on FY20 numbers.
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Burger King IPO opens today for subscription | Valuation, outlook and much more
Wed, Dec 02, 2020
BKIL is a fresh Issue of Equity shares aggregating upto Rs 450 cr and Offer for sale of upto 6 cr Equity Shares. Issue size is around Rs 804 cr – Rs 810 cr and Face value of the share is Rs 10. Price band of the issue is Rs 59 – 60 and Bid Lot is 250 Shares and in multiple thereof. Post Issue the Implied Market Cap of the company would be Rs 2259 cr - Rs 2290 cr. BRLMs (Book Running Lead Managers) of the issue are Kotak Mahindra Capital, CLSA India, Edelweiss Financial, JM Financial and the Registrar is Link Intime India Pvt. Ltd. The Issue opens today and closes on: Friday, 4 th Dec’2020.
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Burger King IPO: All the information investors should know while applying for this IPO
Tue, Dec 01, 2020
As the national master franchisee of the BURGER KING brand in India, the company has exclusive rights to develop, establish, operate and franchise Burger King branded restaurants in India. The company’s master franchisee arrangement provides them with the ability to use Burger King’s globally recognized brand name to grow its business in India while leveraging the technical, marketing and operational expertise associated with the global Burger King brand.
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Burger King IPO: Know all about this fastest growing international QSR chain in India | Sharekhan report
Mon, Nov 30, 2020
Burger King India Limited (BKIL) is one of the fastest growing international Quick Service Restaurants (QSR) chains in India with 261 stores as on September20 (first store was opened in November 2014). Its master franchisee arrangement aids Burger Kings’ globally recognised brand name to grow its business in India while leveraging the technical, marketing, and operational expertise associated with the global brand. BKIL has 5% market share in India’s Rs 348 bn QSR market.
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Burger King IPO date and more: What CEO Rajeev Varman told Zee Business about issue size, expansion and growth
Fri, Nov 27, 2020
Burger King Chief Executive Officer Rajeev Varman said that the total size of the IPO is Rs 810 cr and it has two components - primary and secondary. The company plans to raise Rs 450 cr from the primary IPO. The secondary IPO is of 60 million shares. At a price band of Rs 59-60, the IPO size will be Rs 360 cr
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Burger King India IPO Highlights: Sets Rs 59 – Rs 60 price band for Rs 810 cr public offer
Fri, Nov 27, 2020
Burger King India has created a wide menu specifically tailored for Indian tastes and preferences, and which offers extensive vegetarian options. The restaurants also separate the cooking and preparation of different types of meals in their kitchens, in order to build trust with their customers. The Company benefits from its international parentage by having globally accepted and technology-driven processes for restaurant development, supply chain management, food preparation and quality control.
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