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Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...
Everstone to sell entire stake in India's Burger King operator Restaurant Brands Asia, sources sayPrivate equity firm Everstone is set to exit Restaurant Brands Asia, the franchisee for Burger King in India and Indonesia. The firm will s...
Is worst of business threat and stretched valuation phase over? 4 QSR stocks with an upside potential of up to 49%Not too long ago, the market offered just two options for investors interested in India’s quick service restaurant (QSR) space. One served ...
Yum! Restaurants (India) reports Rs 162 cr profit in FY24, income up 13 pc to Rs 832 crYum! Restaurants India, parent company of Pizza Hut and KFC, reported a profit of Rs 162.04 crore in FY24. Revenue rose to Rs 689.93 crore....
Buy Zomato, sell Jubilant Foodworks & don't buy other QSR stocks: Will this theme continue even longer after Swiggy gets listed?For 2023, Biryani was the most ordered food online. Will 2024 be different when numbers come out. Not probably, With nearly 85 variants and...
Tailwinds of festive season and cricket world cup: 5 QSR stocks with upside potential of up to 26%Junk food is bad for health, but having it once in a while is ok. Similarly, having some exposure to the companies which are selling them a...
Promoter QSR Asia Pte sells 25.4% stake in Restaurant Brands Asia for Rs 1,494 croreAs of June end, QSR Asia held a 40.8% stake in Restaurant Brands Asia. Following the sale, it holds a 15.4% stake in the food chain operato...
General Atlantic and Advent closer to buying Everstone's Burger King stake"Everstone, which also operates Subway and Lavazza coffee in India, is looking to cash out from its stake in Burger King, and is now active...
Everstone in talks to sell stake in India's Burger King franchisee: ReportEverstone Capital, through its investment vehicle QSR Asia Pte Ltd, held a 40.9% stake in Restaurant Brands as of March 31, according to Re...
Holiday and party time; QSR stocks can deliver over 56 % returns, say analystsWe take a look at Quick restaurant space ( QSR ) except the two stocks which would come on top of your mind. Jubilant Food Works and Westli...
Everstone Capital in talks to offload Burger King stakeEverstone Capital, through its investment vehicle QSR Asia Pte Ltd, holds a 40.9% stake in Restaurant Brands, which holds the licence to op...
Capillary Technologies files DRHP for Rs 850 crore IPOAccording to the draft papers, the issue consists of a fresh issue of equity shares aggregating to Rs 200 crore and an offer for sale (OFS)...
KFC, Pizza Hut operator Sapphire Foods raises Rs 933 cr from anchor investorsThe company has decided to allocate a total of 79,06,473 equity shares to 53 anchor investors at Rs 1,180 apiece, aggregating the transacti...
Burger King India to list on bourses on MondayThe IPO, which opened for subscription from December 2, was subscribed over 156 times at a price band of Rs 59-60 per share.
Burger King’s grey market premium at 75%: Check IPO allotment status hereAnalysts were upbeat on Burger King IPO, as they feel the issue had left enough on the table for investors.
Burger King IPO allotment status: Here's how to check itBurger King India became the top 3 most subscribed IPOs this year, along with Happiest Minds Technologies and Mazagon Dock Shipbuilders.
Burger King IPO to open on Dec 2; price band fixed at Rs 59-60 per sharePromoter entity QSR Asia Pte Ltd will sell up to 6 crore shares, aggregating to Rs 360 crore at the upper end of the price band, it added.
Mexico’s Grupo Bimbo eyes majority stake in Modern Foods businessOne among the largest baking companies in the world, Grupo Bimbo has presence in 33 countries, selling its 100 plus brands such as Entenman...
Burger King India files papers for IPOThe IPO comprises fresh issue worth Rs 400 crore and an OFS of up to six crore shares.
InterGlobe in talks to buy Burger King’s India franchiseDeal valued at Rs 1,400 crore at advanced stage; rival suitors have backed out due to steep price.