 "KFC, KFC China")
Shares of Devyani International hit a new high of Rs 181.80, having rallied 13 per cent on the BSE in Wednesday’s intra-day trade on the back of huge volumes. The stock of the quick service restaurant (QSR) firm surpassed its previous high of Rs 171 touched on November 18, 2021.
Brokerage firm Motilal Oswal Institutional Equities has initiated coverage on Devyani with a Buy rating and target price of Rs 190, driven by KFC’s strong brand equity and operating metrics, increasing focus on delivery by Pizza Hut driving its turnaround, and robust growth in both these brands led by
Brokerage firm Motilal Oswal Institutional Equities has initiated coverage on Devyani with a Buy rating and target price of Rs 190, driven by KFC’s strong brand equity and operating metrics, increasing focus on delivery by Pizza Hut driving its turnaround, and robust growth in both these brands led by
