While the pandemic has affected the business of restaurants, Barbeque Nation was reporting net loss even before.

Synopsis

Investors will be better-off by waiting to see the company’s performance over the next few quarters before making an investment decision given the impact of the pandemic on the fine dining segment of the hospitality sector.

ET Intelligence Group: Barbeque Nation plans a fresh issue of Rs 180 crore to expand its chain of restaurants and repay debt and an offer for sale of up to Rs 273 crore. Investors will be better-off by waiting to see the company’s performance over the next few quarters before making an investment decision given the impact of the pandemic on the fine dining segment of the hospitality sector. In addition, the company’s past financial performance

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