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DEVYANI MERGER
Devyani International shares rally 4% after revision in Sapphire Foods merger planDevyani International witnessed an uptick on Thursday after the company said its merger with Sapphire Foods India remains on track, while a...- QSR stocks near turning point as risk-reward turns favorable, says Motilal OswalThe Indian quick-service restaurant (QSR) sector is entering a favourable phase after a challenging period, according to Motilal Oswal Fina...
- Devyani International Q1 profit zooms to Rs 17 crDevyani International has reported an impressive surge in net profit for the June quarter, marking a substantial revenue increase of 16.47%...
- RJ Corp picks former Diageo maven Prathmesh Mishra to expand drinks playRJ Corp, led by Ravi Jaipuria, has appointed former Diageo executive Prathmesh Mishra as it explores expanding into the premium alcoholic b...
- Impresario in talks to acquire mid-sized restaurant chains ahead of proposed IPOImpresario Entertainment & Hospitality, owner of Social and Smoke House Deli, is in talks to acquire several mid-sized restaurant chains to...
- Devyani merger, new labour codes burn a hole in Sapphire Foods' earningsSapphire Foods reported a third-quarter loss. This was due to costs from new labor laws and a merger with Devyani International. KFC stores...
- Devyani International shares soar 8% on Jefferies buy upgrade, Rs 145 target unchangedDevyani International shares surged after Jefferies upgraded its rating to 'Buy', citing a 17% correction and a target price implying 25% u...
- Buy, Sell or Hold: Motilal Oswal maintains buy on Castrol India; Nuvama recommends buy on Devyani InternationalBrokerages maintain a constructive outlook on select consumer and QSR stocks, citing margin resilience and growth potential. Castrol India ...
- Devyani International Q3 Results: Loss widens to Rs 109 crore, revenue up 11%Devyani International Ltd announced a net loss of Rs 109.78 crore for the December quarter of FY26. This marks an increase from the previou...
- From CFO to CEO: Devyani tweaks leadership recipe ahead of Sapphire mergerDevyani International has appointed Manish Dawar as its new President and Chief Executive Officer. This leadership change comes as the quic...
- Coca-Cola plans to pop the cap on $1 billion HCCB IPO this yearCoca-Cola is preparing to list its Indian bottling arm, Hindustan Coca-Cola Beverages (HCCB), through an IPO this summer to raise approxima...
- Merged entity of Sapphire Foods, Devyani International likely to cross USD 1 bn annual turnover: Ravi JaipuriaA major merger is set to create a food and beverage giant in India. Sapphire Foods India and Devyani International will combine operations....
- Buy, Sell or Hold: Citi maintains a buy on Devyani International; remains cautious on Infosys, HCL Tech & MphasisBrokerage views on Indian equities remain mixed, with Citi maintaining a Buy on Devyani International amid merger-led synergies, Morgan Sta...
- Devyani-Sapphire merger: What the 3,000 restaurant deal means for your sharesDevyani International and Sapphire Foods will merge through a near-parity share-swap to create one of India’s largest QSR players with over...
- Devyani International shares zoom 8% after mega merger announcement with Sapphire FoodsExciting developments are afoot as Devyani International announces a strategic merger with Sapphire Foods India, set to establish the large...
- Buy, Sell or Hold: Motilal Oswal downgrades ITC; Citi maintains neutral rating on HCL TechnologiesBrokerage views on key frontline stocks reflect divergent trends. Citi maintained a Neutral stance on HCL Technologies while raising its ta...
- Devyani & Sapphire to merge, form QSR giantDevyani International and Sapphire Foods India are merging operations. This union will create India's largest quick-service restaurant enti...
- KFC operators Sapphire Foods-Devyani International's merger to create fast-food giant in IndiaSapphire Foods India said it will merge with Devyani International, a move expected to consolidate local franchise partners of Yum Brands, ...
- PVR Inox looks to grow pre-ticketing F&B biz post its JV with DevyaniPVR Inox has partnered with Devyani International to expand into the food and beverage sector. Devyani will hold a 51% stake, while PVR wil...
- Stocks in news: Whirlpool of India, Hindalco, ZEE, Devyani International, WiproWhirlpool Corporation on Tuesday sold 30.4 million shares, constituting 24% stake in its Indian unit Whirlpool of India through the open ma...
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