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After a stellar listing, Burger King India shares continued to gain momentum for the second consecutive day on December 15 after bumper listing in previous session.
Shares were locked in 20 percent upper circuit at Rs 166.05 with volume of 1,08,13,069 equity shares on the BSE and at Rs 162 with volume of 5,99,50,820 shares on the National Stock Exchange at 15:03 hours IST.
It was opened the day at Rs 148.60 on the BSE and Rs 147 on the National Stock Exchange today.
On December 14, the first day of trade on exchanges, Burger King shares closed with a premium of 131 percent on the BSE and 125 percent premium over issue price of Rs 60 on the National Stock Exchange, but shares were frozen at 20 percent upper circuit compared to opening price.
The company had a strong opening at Rs 115.35 on the BSE, a listing premium of 92.25 percent over issue price in previous session.
Investment firm Basant Maheshwari Wealth Advisers LLP acquired 24,31,959 equity shares in the company at Rs 112.79 per share and Valiant Mauritius Partners Offshore Ltd bought 25 lakh shares at Rs 130.28 per share on the NSE.
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