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India halts trading in Burger King as shares more than triple from IPO issue price Photo: Javier Quiroga/ Unsplash Premium Burger King shares were locked in 20% upper circuit for second straight day today with prices rising to ₹199.2 on BSE. After more than doubling as compared to its issue price on listing day on Monday, Burger King shares hit the 20% upper circuit limit on Tuesday. Continue reading this story with a subscription to DealStreetAsia. Contact us for corporate subscriptions at subs@dealstreetasia.com. Sign up for our newsletter - The Daily ...

Sensex rose as much as 442 points to at an all-time high of 46,704.97 The S&P BSE Sensex and NSE Nifty 50 indexes closed at record highs for third day in a row paced by gains in Bharti Airtel, HDFC, ONGC, Titan and Asian Paints. The benchmarks staged a gap up opening and held on to gains on the back of a broad-based buying interest. The Sensex rose as much as 442 points to at an all-time high of 46,704.97 and Nifty 50 index climbed as much as 125 points to hit record high of 13,692.35. The markets have been hitting new highs on the back of record foreign flows into the Indian equities, analys...

Burger King shares made a strong debut on the bourses on Monday Shares of quick service restaurant chain operator Burger King are in huge demand in Wednesday's session. After a stellar market debut, the stock rose by its daily maximum limit of 20 per cent for the second consecutive session. Burger King share price has moved up to Rs 199.25, a rise of more than three times from the initial public offering price of Rs 60. Burger King's market debut was the biggest since 2017, when Astron Paper & Board Mill Ltd. jumped 142 per cent. Burger King India made a strong debut on the bourses on Monday...

Mumbai: Burger King India made a strong debut on the bourses on Monday, closing at Rs 138.40 — a 130 per cent premium over its issue price of Rs 60. This has been the strongest closing on the listing day since December 2017, when Astron Paper & Board Mill ended up 139.4 per cent over its issue price on its listing day on December 29, 2017. On Monday, Burger King listed at Rs 115.35 on the Bombay Stock Exchange (BSE), up 92 per cent over the issue price — the fourth best listing in 2020. Chemcon Specialty, Happiest Minds Technologies and Route Mobile had surged 102-115 per cent at open on ...

By Ronojoy Mazumdar Burger King India Ltd. surged 131 per cent on its first day of trading, the latest successful debut after a spurt of technology company listings helped boost India’s initial share sale pipeline. The operator of Burger King-branded restaurants in India saw demand nearly 157 times more than the number of shares in its initial public offering earlier this month. With restaurants open for business post-lockdown and vaccines on the way, investors are betting that Indians will soon be thronging fast food chains. The stock began trading at 115 rupees versus an offer price of 60...