Barbeque Nation's India operator climbs 44% over two days on earnings optimism

United Foodbrands

21/05/2026 07:48

** Shares of Barbeque Nation restaurant chain operator United Foodbrands UITF.NS skyrocket 44% over two days to hit 17-month high of 480.95 rupees per share

** Co on Tuesday reported 23% revenue growth, while narrowing quarterly losses

** Shares had fallen 8.4% on Tuesday on concerns over margin contraction

** Motilal Oswal points to strong recovery in same-store sales growth; raises FY27 and FY28 operating profit estimates by 12% and 7%, respectively

** Co expects 100-200 bps gross margin recovery in FY27 despite rising cost inflation, which Motilal Oswal says appears aggressive

** More than 5.5 million shares change hands, highest since April 2022

** YTD, stock up 127.3%

 (Reporting by Vivek Kumar M)

 ((VivekKumar.M@thomsonreuters.com;))