Stocks to watch today: eMudhra, Infosys, Swiggy, HPCL, Havells, Sun Pharma, Jindal Stainless, Rallis India, Infosys, JSW Steel, Tech Mahindra, among others, will be in focus today.
Sapphire Foods India's revenue rose 19.6 per cent to Rs 888 crore in Q2FY27, with KFC recording 14 per cent same-store sales growth and Pizza Hut India reporting 5 per cent growth
Under the share-swap ratio, Sapphire Foods shareholders will receive 177 shares of Devyani International for every 100 shares held in the former as of the record date, which will be announced later.
Devyani International, Sapphire Foods India, Jubilant FoodWorks were up 2-7% in Friday's trade.
Devyani International and Sapphire Foods merger will take place through a share-swap mechanism. Under the share swap ratio, 177 shares of DIL will be issued for every 100 shares of Sapphire Foods.
Sapphire Foods reported net loss of ₹12.6 crore for Q4FY26, compared with a profit of ₹2 crore in the year-ago period, largely due to one-time loss of ₹12.7 crore