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    Fundamental Radar: Why Restaurant Brands is a play on India’s discretionary consumption? Vikram Kasat explains

    Synopsis

    Despite this underperformance, Vikram Kasat of Prabhudas Lilladher belives that the stock provided a good opportunity for investors to play on the rising discretionary consumption in India.

    MUMBAI - Restaurant Brands Asia stock has been quite an underperformer on Dalal Street in 2023. The stock has given about 2% returns year-to-date, compared to the 10% returns given by index major Nifty 50. Despite this underperformance, Vikram Kasat of Prabhudas Lilladher belives that the stock provided a good opportunity for investors to play on the rising discretionary consumption in India. The following four factors have been highlighted by
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