Restaurant Brands Asia’s stock is currently trading at Rs. 86.23, showing an increase of 1.47 points or 1.73% from its previous close of Rs. 84.76 on the BSE.
The stock opened at Rs. 86.46 and recorded a peak of Rs. 86.73 and a low of Rs. 84.61 in today’s session, with a volume of 47,743 shares traded.
This BSE ‘A’ group stock, with a face value of Rs. 10, reached a 52-week high of Rs. 133.85 on January 23, 2024, and a 52-week low of Rs. 84.50 on November 13, 2024. Over the past week, it hit a high of Rs. 92.54 and a low of Rs. 84.50. The company’s market capitalization is currently Rs. 4,232.71 crore.
Promoters hold a 13.17% stake in the company, while institutions and other investors own 55.27% and 31.56%, respectively.
Restaurant Brands Asia has finalized a loan agreement with its subsidiary PT Sari Burger Indonesia (also known as BK Indonesia), for an unsecured loan of IDR 40,000,000,000, which is approximately Rs. 21.49 crore based on the November 11, 2024 exchange rate (subject to variations on transaction day). The loan will support the subsidiary's primary business activities.
Restaurant Brands Asia, operating as a quick-service restaurant, specializes in ready-to-eat food products like burgers, fries, and beverages, serving customers across India through its Burger King India outlets.