Burger King share price triples in 3 days! Anil Singhvi explains how to protect profits and ride listing gains
The Market Guru said that all those who have bought this share for short term gains have been reaping the profits in abundance. He said that it was initially difficult to guess if the stock would hit the circuits. He said that this rally cannot really be predicted. In such a case, there should be a method for trading, he cautioned
![Burger King share price triples in 3 days! Anil Singhvi explains how to protect profits and ride listing gains Burger King share price triples in 3 days! Anil Singhvi explains how to protect profits and ride listing gains](https://cdn.zeebiz.com/ads/placeholder_image-zeebiz.jpg)
Burger King share price: Burger King India Limited, which listed recently after a blockbuster response in its Initial Public Offering (IPO), has seen a great rally over the last few trading sessions. Today, at 10:10 am, Burger King stock was trading up by almost 10 per cent at Rs 213.80 on the NSE. The stock hit 20 per cent circuit on two consecutive occasions after getting listed. The circuit limit will now be reduced to 10 per cent. What should an investor do if he has bought this stock for short term gains? Is it time to book profits? Zee Business Managing Editor Anil Singhvi has an answer!
Burger King Share Strategy – What should the investors do?
The Market Guru said that all those who have bought this share for short term gains have been reaping the profits in abundance. He said that it was initially difficult to guess if the stock would hit the circuits. He said that this rally cannot really be predicted. In such a case, there should be a method for trading, he cautioned.
Watch Zee Business Tweet Video Below:
3 दिन में 3 गुना से ज्यादा बढ़ा बर्गर किंग...
अनिल सिंघवी से जानिए अब क्या हो आपकी स्ट्रैटेजी...#BurgerKingIndia #BurgerKing @AnilSinghvi_ pic.twitter.com/mjfdBRBG2C
— Zee Business (@ZeeBusiness) December 17, 2020
The best strategy is to trade in Budrger King share with a stop loss. He said that the traders should keep a margin of Rs 10 – Rs 15 below the trading price as stop loss. If the stock breaches this level, the investors or traders should exit.
Budrger King share has more than tripled from the issue price of Rs 60. The returns given by this stock have been significant, he opined.
He said that the current Budrger King valuations are on a higher side and there isn’t enough liquidity and the stock is now clear from the deck, which is why it is trading at these prices.
See Zee Business Live TV Streaming Below:
On seeing Burger King from the standpoint of fundamentals, they should book profits now, the Managing Editor said.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
![https://www.zeebiz.com/trending/news-bengaluru-traffic-woes-city-congestion-worsens-as-hsr-layout-flyover-shuts-for-metro-work-netizens-irked-bengaluru-traffic-update-346582](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2025/02/12/352509-image-fotor-20250212141632-1.png?itok=eTuNO4X3)
'Bengaluru, absolute traffic hell...: City's congestion worsens as HSR Layout flyover shuts for metro work, netizens irked
![https://www.zeebiz.com/personal-finance/photo-gallery-gratuity-calculation-what-will-be-your-gratuity-on-rs-40000-last-drawn-basic-salary-and-5-years-2-months-of-service-know-eligibility-formula-step-by-step-guide-346680](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2025/02/12/352619-gratuity.jpg?itok=a3CD9W7U)
Gratuity Calculation: What will be your gratuity on Rs 40,000 last-drawn basic salary and 5.2 years of service?
![https://www.zeebiz.com/personal-finance/photo-gallery-8th-pay-commission-basic-monthly-salary-pension-slab-calculator-can-basic-pension-cross-inr-rs-300000-barrier-in-new-pay-scale-see-calculations-to-know-projected-fitment-factor-index-7th-pm-modi-old-346525](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2025/02/12/352430-note-coin-pixabay-take.jpg?itok=yDmxceKf)
8th Pay Commission: Can basic pension cross Rs 3 lakh mark in new pay commission? See calculations to know its possibility?
![https://www.zeebiz.com/personal-finance/photo-gallery-sbi-444-day-fd-vs-central-bank-of-india-444-day-fixed-deposit-which-can-provide-higher-maturity-on-rs-500000-700000-1000000-deposits-compare-interest-rates-for-maximise-returns-with-special-fd-346476](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2025/02/12/352408-special-fd.jpg?itok=myx6xfFk)
SBI 444-day FD vs Central Bank of India 444-day FD: Which can provide higher maturity on Rs 5,00,000, Rs 7,00,000 & Rs 10,00,000 deposits?
![https://www.zeebiz.com/personal-finance/photo-gallery-ups-vs-nps-vs-ops-calculator-last-drawn-basic-salary-pay-inr-rs-100000-30-years-of-service-what-will-monthly-pension-for-central-government-employees-unified-national-old-system-india-official-portal-346336](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2025/02/11/352270-top-7-sip-mutual-funds-4.jpg?itok=F6h37i4L)
UPS vs NPS vs OPS: Last drawn basic pay Rs 100,000; pensionable service of 30 years; what can be your monthly pension in each?
![https://www.zeebiz.com/personal-finance/photo-gallery-dearness-relief-dr-pension-central-government-employee-calculator-calculations-is-your-basic-pension-rs-25000-35000-40000-50000-know-total-amount-AICPI-consumer-index-DA-benchmark-346424](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2025/02/12/352375-untitled-design.jpg?itok=1_intAoD)
Monthly Pension Calculations: Is your basic pension Rs 25,000, Rs 35,000, or Rs 50,000? Know what can be your total pension as per latest DR rates
11:12 AM IST