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Barbeque Nations and Hospitality: Can it deliver good taste to your portfolio?

Company will resume store expansion in FY22 and significantly ramp up its delivery business in line with the current trend in the industry, thereby transforming itself from a full dine- service restaurant

August 06, 2021 / 09:59 AM IST
Barbeque Nations and Hospitality: Can it deliver good taste to your portfolio?

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Barbeque Nations and Hospitality Ltd (BBQN; CMP: Rs 1,028; Market Capitalisation: Rs 3,858 crore) posted significant top line growth in the June quarter on a year on year (YoY) basis, led by a ramp-up in the delivery business. BBQN will resume store expansion in FY22 and significantly ramp up its delivery business in line with the current trend in the industry, thereby transforming itself from a full dine- service restaurant. BBQN, flush with funds (raised Rs 500 crore from IPO and...

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