LPG shortage triggered by Strait of Hormuz disruption is forcing QSR kitchens to shut or cut menus. Analysts say earnings may take a hit in Q4FY26 but advise investors not to panic
QSR and food delivery stocks, including Jubilant FoodWorks, Devyani International & Eternal fell as LPG shortage forced restaurants and hotels to shut kitchens across cities like Mumbai and Bengaluru
With expectation of urban demand recovery, analysts at Motilal Oswal Financial Services said they need to see if January trends for QSR companies are sustaining.
Devyani International reported a net loss of ₹10.3 crore for the quarter, compared to a loss of ₹0.5 crore in the same period last year
However, in the past one month, the stock had underperformed the market by falling 22 per cent till Tuesday, February 3, 2026 and touched a 52-week low of ₹109.80 on January 27, 2026.
Meanwhile, shares of the food delivery platform companies Swiggy and Eternal (formerly Zomato) were down 3 per cent and 2 per cent, respectively on Thursday.
Stocks to Watch today, January 9, 2026: Eternal, Tata Motors CV, Bajaj Finserv are among key stocks that will be on investors' radar today
The merged entity will have more than 3,000 stores globally and a turnover of approximately Rs 8,000 crore on an annualised basis
Brokerages remain positive on Devyani International after the Board's approval of Sapphire Foods merger, citing scale benefits, cost synergies and stronger QSR economics
SRF, Devyani, Sumitomo have witnessed the formation of 'Death Cross', while Sona Coms and PI Industries saw a negative crossover on the MACD indicator, show the stocks daily chart.
Devyani International shares fell 3 per cent after the company reported muted second-quarter earnings for the second quarter