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In December 2020, Burger King India went in for an initial public offering (IPO) on the BSE and NSE in India. The IPO was subscribed over 150 times. [ 120 ] The stock opened at ₹112.5 per share on December 14, nearly double the IPO price of ₹60 , and closed at ₹135 .
BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange which is located on Dalal Street. [8] Established with the efforts of cotton merchant Premchand Roychand in 1875, [ 9 ] [ 10 ] it is the oldest stock exchange in Asia , [ 11 ] and also the tenth oldest in the world. [ 12 ]
NSE commenced operations on 30 June 1993 starting with the wholesale debt market (WDM) segment and equities segment on 3 November 1994. [20] It was the first exchange in India to introduce an electronic trading facility. [21] Within one year of the start of its operations, the daily turnover on NSE exceeded that of the BSE. [17]
The NIFTY 50 index is a free float market capitalisation-weighted index.. Stocks are added to the index based on the following criteria: [1] Must have traded at an average impact cost of 0.50% or less during the last six months for 90% of the observations, for the basket size of Rs. 100 Million.
Over the course of two days, the BSE SENSEX in India dropped from 19,013 on Monday morning to 16,730 by Tuesday evening or a two-day fall of 13.9%. [65] Less than a month later, on 11 February 2008, the SENSEX lost 833.98 points, when Reliance Power fell below its IPO price in its debut trade after a high-profile public offer. [31]
Burger King confirmed the return of the Whopper Melt and Churro Fries while supplies last at participating restaurant locations nationwide starting Thursday, Dec. 19, according to a statement from ...
The machine was capable of cooking over 400 patties per hour, which allowed the company to grow rapidly. When McLamore and Edgarton opened their first Insta-Burger King location in Miami, they revamped the unit into what they called a "flame broiler" – the forerunner of the modern unit used by Burger King today. [68]
The Big King sandwich is one of Burger King's major hamburger products and has been part of its menu for more than twenty years. During its testing phase in 1996–1997, it was originally called the Double Supreme and was configured similarly to the McDonald's Big Mac —including a three piece roll. [ 16 ]