Devyani International Ipo

Devyani International tanks 7% after over 2% equity traded via block deals

At 09:15 am, around 28.95 million equity shares representing 2.4 per cent of the total equity of the company changed hands on the BSE, the exchange data shows.

Devyani International gains 7%, hits over 6-month high on strong Q1 results

The strong store additions coupled with early signs of demand revival supported growth during the quarter.

Analysts take a bite of premium QSR stocks as restaurants hike prices

Value players, or those catering to price sensitive customers, may see growth and profitability concerns, they said

Analysts see more pain ahead for FMCG stocks amid rising input costs

Instead of a recovery in gross margins in fiscal 2022-23 (FY23), Jefferies now builds-in 50-200 basis point (bps) YoY decline, assuming crude stays closer to $100 a barrel and palm oil at $1,500/MT

Devyani surges 29% in 3-days, stock up 111% from issue price in 4 months

On Wednesday, December 8, 2021, the brokerage firm Motilal Oswal Financial Services initiated coverage on Devyani with a Buy rating and target price of Rs 190.

Devyani International surges 13% on heavy volumes, stock at all-time high

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

Devyani International surges 25% in 4 days on robust Q2 results

In Q2FY22, the company posted consolidated profit after tax of Rs 46.6 crore as against a net loss of Rs 65.5 crore in Q2FY21.

Four recently listed IPO stocks dip ahead of anchor lock-in expiry

The 30-day lock-in period for anchor investors ends on Monday for all the four companies

KFC operator makes strong market debut; four stocks list on the same day

The four IPOs cumulatively generated bids worth Rs 1.7 trillion and attracted over 10 million retail applications

Sensex rallies for 3rd day, gains 145 pts; Nifty ends at 16,563; RIL up 1%

The advance-decline ratio remained skewed in favour of seller, highlighting underlying bearishness in market.

Devyani Int'l makes strong debut, lists at 57% premium over issue price

The stock listed at Rs 141, a 57 per cent per cent premium over the issue price of Rs 90 per share on the BSE and the NSE

Stocks to watch: Devyani Int'l, Windlas, Krsnaa, Exxaro Tiles, Voda Idea

Oil and Natural Gas Corp's net profit soared by nearly 800 per cent in the first quarter of the current fiscal after more than doubling of oil prices compensated for a fall in production

Sensex up 546 pts, ends above 54K; Nifty tops 16,250; financial stocks gain

The broader market, however, saw profit booking as, both, the BSE Mid and SmallCap indices declined 1 per cent each.

Should you bid for loss-making Devyani International's Rs 1,800 crore IPO?

At the upper end of the price band, Devyani is offered at 9.5x market capitalisation/sales as per FY21 financial statement, compared to peers like Jubilant Foodworks (15x), Westlife Development (8.8x)

Street signs: Market in 'uptrending zone', Devyani GMP at 60%, and more

Technical analysts say the market remains in an uptrend as the index has managed to find support at its 50-day moving average

KFC, Pizza Hut brand operator eyes Rs 10,823 cr valuation in IPO

Ravi Kant Jaipuria-promoted Devyani International prices its IPO between Rs 86-90

RJ Corp plans Devyani IPO in 2019 to reach Rs 320 billion revenue goal

Devyani runs the franchises for Pizza Hut, KFC and Costa Coffee, apart from a handful of in-house brands