Devyani International zooms 6% on Thailand foray, will acquire 274 KFC restaurants
Foreign research house CLSA has stuck to its 'outperform' call on the stock with a target price of Rs 211 a share
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Foreign research house CLSA has stuck to its 'outperform' call on the stock with a target price of Rs 211 a share
Year-to-date, Devyani International share price has gained just about a per cent. Devyani International share price hit its 52-week high of ₹227.75 on September 11, 2023, and its 52-week low of ₹134.05 on March 27, 2023.
QSRs in the Indian market are currently struggling to boost growth and an acquisition in the Indian market would have commanded a premium valuation
Emkay Global Financial recommended reduce rating on Devyani International with a target price of Rs 165 in its research report dated December 18, 2023.