Stocks that share market analysts recommended: Stock brokerages namely Axis Direct, SMIFS Limited, Motilal Oswal and Sharekhan have come out with research reports on select stocks namely Divi’s Laboratories, Muthoot Finance, APL Apollo Tubes, Burger King India. Here's what brokerages said about these counters. Watch this Visual Story to see what brokerages said about these stocks.
Burger King India share: The stock today soared 20 per cent to hit its upper price band of Rs 128.45 over a previous close of Rs 107.05. At today's high price, the company commanded a market capitalisation (m-cap) of Rs 6,058.29 crore.
Burger King India share touched an intraday high of Rs 175.8 rising 4.27% against previous close of Rs 168.60 on BSE
Share of Burger King India ended 130.67% or Rs 78 higher than the issue price at Rs 138.40 on BSE
In early deals earlier today, Burger King India shares opened with a loss of 8.33% at Rs 148 and hit 10% lower circuit at Rs 145.35 apiece on BSE as compared to the previous close of Rs 161.45
Burger King India stock rose to Rs 219.15 against previous close of Rs 199.25, recording a gain of 10% on BSE
Share of Burger King India opened at Rs 115.35 against issue price of Rs 60 on BSE
Burger King India IPO: The company plans to raise Rs 810 crore through the share sale at the higher end of price band
Burger King India garnered Rs 364.5 crore from anchor investors ahead of its IPO on Tuesday
The price band of IPO has been fixed at Rs 59 to Rs 60 per equity share. Bid lot size is of 250 shares and in multiple of 250 shares thereafter. Burger King plans to raise Rs 804 crore at lower end of price band and Rs 810 crore at higher end of price band
Burger King IPO: The price band of the offer has been fixed at Rs 59 to Rs 60 per equity share for its Rs 810 crore IPO, which will close on Friday, December 4, 2020