The company’s paid-up equity share capital will increase by 12.78% on the conversion of warrants into equity shares

PL Investment Banking raises ₹127.30-cr for Speciality Restaurants

The slowdown is not restricted to apparel. Even the liquor segment that surpassed pre-Covid sales last year, could see slower growth. Analysts also said demand environment remains weak in the quick service restaurant (QSR) space. Fine dining restaurant chain Speciality Restaurants’ managing director…

Discretionary spending may weaken in Q4; apparel, lifestyle cos and eateries expect sales to grow only 15%-20%

In a move to strengthen its position as a leading player in the Asian food space, Speciality Restaurants Ltd is looking to clock a revenue of ₹1,000 crore with technology intervention and brand refresh, a company official said on Monday.

Speciality Restaurants bets big on AI, aims at ₹1,000 crore revenue in 5 years

“We aim at reaching Rs 1,000 crore revenue in the next five years. Our stated goal is to double our current revenue in four years and triple it in six years, starting from the current level of Rs 400 crore,” said Speciality Restaurants CMD Anjan Chatterjee.

Speciality Restaurants bets big on AI, aims at Rs 1,000 cr revenue in 5 years

The multi-brand restaurant chain’s standalone net profit in the first half of (April-September) FY′23 stood at Rs 27.67 crore from a turnover of Rs 195 crore, recovering from Covid pandemic headwinds.

Speciality Restaurants bets big on AI, aims at Rs 1,000 crore revenue in 5 years

Speciality Restaurants consolidated net profit rises 37.32% in the December 2022 quarter

Speciality Restaurants has broken a horizontal trend line resistance on the daily chart and has a strong bullish setup. It has retested its previous breakout level of Rs 240 after hitting a fresh all-time high.

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Speciality Restaurants shares rallied more than 11% to hit a new high of ₹282 apiece on the BSE

Multibagger hotel stock rallies to hit record high, up 170% in a year

On December 21, the board approved an issue of 6 million warrants, each convertible into 1 equity share of the company at a price of Rs 212.05 to allottees other than promoters

Speciality Restaurants hits new high ahead of EGM; zooms 41% in one month

LTIMindtree is making a lower top lower bottom formation on the daily chart, which is sign of weakness. The stock is also showing poor relative strength against benchmark indices

LTIMindtree, Rama Steel, Speciality Restaurants: Here’re trading strategies for these 3 stocks

In past six months, the stock has rallied 122 per cent, as against 12 per cent rise in the S&P BSE Sensex.

Speciality Restaurants soars 20% in 2 days; hits record high in weak market

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Speciality Restaurants Limited is engaged in restaurants and mobile food service activity.