Sapphire Foods India makes decent debut on stock market. Check details

Sapphire Foods India Limited made a decent debut on the stock exchanges today. Here is all you need to know.

The operator of KFC and Pizza Hut, Sapphire Foods India Limited, made a decent debut on the stock market as it listed at a 15 per cent premium on the stock exchanges. Analysts had earlier expected a similar listing for the stock.

The shares of Sapphire Foods listed at Rs 1,360.75 on the Bombay Stock Exchange (BSE) and Rs 1,368 on the National Stock Exchange (NSE). The share of the company were trading nearly 6 per cent higher on the BSE and NSE at around 1:20 pm, maintaining a steady momentum.