Aug. 13 at 7:43 AM
$RBA $RBA.NSE market is a strange place. Old promoters were desperate to get out, new promoters were looking for a good bargain. Finally deal happened. Company was already growing at decent pace but this quarter was a bit special. Indian burger king grew by 24% in an almost challenging economic environment. Now everyone wants a piece of the burger pie. Motilal Oswal has a target price of 125 but I believe one more good quarter and 25% type revenue growth, we might hit Rs 150-200 once again. Motilal Oswal mutual funds has a huge stake in it. It was also a book runner for the promoter share exchange deal. Let us see where they take this company from here.
