Burger King’s dream run continues, hits 20% upper circuit
The company's stock got listed on Indian bourses on Monday and on the debut day itself, it opened at a premium of over 87 per cent over the IPO price at Rs 112.50.
The company's stock got listed on Indian bourses on Monday and on the debut day itself, it opened at a premium of over 87 per cent over the IPO price at Rs 112.50.
The performance of the stock had even defied projections made by analysts who had expected Burger King to list at around 70-75 per cent premium over issue price.
Burger King India's share sale was subscribed a massive 156.65 times earlier this month.
