Stock To Watch: Mainland China Franchisee Stock Gains 17% Intraday, Share Up 52% In 1 Month, Buy?

Speciality Restaurants is the franchisee of major restaurant brands like Mainland China, Oh! Calcutta, Haka, and Asia Kitchen recorded a sharp rise in the stock market today, on July 28. It has also given high returns to investors thoroughly, and 2022 is a remarkable year in terms of its growth after the pandemic. The company performs internationally. Check details here for investment.

Stock to Watch: NSE performance

The current market price of Speciality Restaurants stood at Rs. 186.90/share on NSE, gaining by 16.92%, till last traded. In the last 5 days, the share price of this company has surged by 24.23% on NSE, and in the last 1 month, its share price has surged by 52.20%. In the past 6 months, its stock price has surged by 87.18%. In the last 1 year its stock price gained by only 153.60%. Watching its consistent returns, both in the long term and short term, you can watch this stock. Today, it has reached a 52-week high level.

The 52-week high level of this stock is Rs. 191.80, and the 52-week low level of this stock is Rs. 63.80.

Market capitalization	Current market price	5 days performance	6 Months performance
Rs. 878 crore	Rs. 186.90	24.23%	87.18%

Speciality Restaurants: financial performance

According to data available with NSE, in Q4 FY22, the company's total income stood at Rs. 7,932.00 lakh, as against Rs. 9,056.00 lakh in the previous quarter. The company's profit before tax or PBT was reported at Rs. 430.00 lakh in Q4 FY22, as against Rs. 1,493.00 lakh in Q3 FY22. Additionally, according to an available report, Speciality Restaurants' 30% of its revenue has been reported from cloud kitchens, opening another milestone for the company.

The company opened its first outlet in 1994 in Mumbai. The group of restaurants started its journey of serving authentic world cuisines and over 300 years old delectable Indian cuisines. Within a short span of over a decade, it created history in creating outlets and restaurants all over the country crossing the magical figure of around 129 restaurants and confectioneries n over 25 cities in India as well as overseas such as Bangladesh, Tanzania, Sri Lanka and recently in Dubai with ongoing expansion plans to open soon in London, Canada, USA. and Bahrain (UAE).

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