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

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

Shares of Speciality Restaurants hit a record high of Rs 268.10, as they rallied 6 per cent on the BSE in Friday’s intra-day trade amid heavy volumes in an otherwise weak market. The stock of restaurant company has surged 20 per cent in past two trading days. In comparison, the S&P BSE Sensex was down 0.15 per cent at 60,263 at 10:11 AM.

Currently, Speciality Restaurants, a leading fine dining restaurant operator with Mainland China, Asia Kitchen by Mainland China, Oh! Calcutta and Sigree-Global Grill as its key brands, quoted 4 per cent higher at Rs 264.30, on back