InvestorQ : What explains this rally in Barbeque Nation after a tepid listing?
Dia Deshpande made post

What explains this rally in Barbeque Nation after a tepid listing?

Answer
image
swati Bakhda answered.
4 weeks ago
Follow

Barbeque Nation listed at a 2% discount at Rs.492 but gained 47% from its lows after it was locked in 20% upper circuit for 2 days. Barbeque Nation is a play on the growth in consumer spending resulting from higher disposable incomes. Barbeque Nation will use the funds for expansion and debt reduction and that has impressed the equity markets.

1 Views