Picture of United Foodbrands logo

UFBL — United Foodbrands News Story

0.000.00%
in flag iconLast trade - 00:00
Consumer CyclicalsSpeculativeSmall CapMomentum Trap

India's United Foodbrands rises after quarterly loss narrows

** Shares of India's United Foodbrands UITF.NS jump 17.13% to 391.50 rupees, set for highest intraday pct rise since February 1

** Quick service restaurant (QSR) operator's fourth quarter net loss narrowed 33.7% y/y to 134.1 million rupees ($1.38 million)

** Co's revenue rose 23.1% year-on-year to 3.60 billion rupees

** Trading vols at 2.82 million vs 30-day average of 165,029 shares

** YTD stock up ~58%

($1 = 96.8800 Indian rupees)

(Reporting by Surbhi Misra in Bengaluru)

((Surbhi.Misra@thomsonreuters.com |  X: https://twitter.com/SurbhiMisra_  |;))

Recent news on United Foodbrands

See all news