Devyani International, the largest franchisee of Yum! brands Ebitda’s Q2 revenues were broadly inline with our consensus’ estimates. PizzaHut (PH) store sales growth (SSG) was muted at 3% due to factors like aggressive additions, potential downtrading and product price hike, in our view. KFC SSG was however strong at 13%. GM declined to a multi-quarter low on key input inflation, but mgmt is s...

Devyani International, Zomato: After robust listing of Zomato and Devyani International shares, stock market investors and shareholders' of the respective stocks are looking at the respective counters as one of the prominent money-making stocks in long-term. According to stock market experts, both stocks are strong from long-term perspective; but rate of return in Devyani International shares will...

Devyani International IPO listing: Devyani International shares are going to list at the Indian bourses today. As per the market experts, the company has good parentage, growth story and unlock theme that played an important role in its robust subscription of 116.70 times. They said that Devyani International share price listing may take place at around Rs145 to Rs155 — delivering more than 50 p...

Devyani International IPO: Share allotment of Devyani International has been finalised and lucky bidders of the public issue are now eagerly waiting for the expected stock listing date i.e. 16th August 2021. While bidders are busy comparing P/E multiple of Devyani International with its listed peers, they are also keeping their focus on the grey market as Devyani International IPO GMP has been ste...

Devyani International IPO allotment is out and now all eyes are fixed on the share listing date i.e. 16th August 2021. After robust 116.70 times subscription, bidders of the public issue are busy calculating about the possible gains as the market mood is highly bullish. In fact, grey marker has also stated hinting about the possible listing of the public issue. According to the market observers, D...