Burger King India Ltd (BKIL; CMP: Rs 133; Market Cap: Rs 5,111 crore) has posted double-digit growth in revenues for Q3FY22. Margins have also improved. Although the third wave of COVID-19 is likely to affect players focused on dine-in, such as BKIL, more, we expect it to be a near-term headwind. With milder infections and lower hospitalisation, we expect the third wave to be short-lived and restrictions to be eased once the wave wanes. The next financial year (FY23) is expected...
Moneycontrol Pro Panorama | GST: A simple, reliable tax still a distant dream?
May 20, 2022 / 04:41 PM IST
In today’s edition of Moneycontrol Pro Panorama: A peek into Strategy Lab, ITC makes it to Weekly Tactical, wide canvas for Nazara, shock proof your portfolio and moreRead Now
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