New Delhi, July 28 -- Burgers find many takers in India, but Burger King's stock has not had much luck. Restaurant Brands Asia Ltd, the master franchisee for Burger King in India, has eroded almost 50% of investors' wealth since its public market debut in December 2020.

RBA managed to shrink its losses in recent years, but investors remained unimpressed. Until this fiscal year. Since March, new life has been breathed into the counter. The RBA stock has rallied by more than 35% in just about 4 months. Is this a sucker's rally or a much-awaited turnaround?







Restaurant Brands Asia sets up and operates Burger King restaurants in India, which drive almost 80% of the company's revenue. The rest comes from its subsidiary in Indonesia.

As...