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DEVYANI INTERNATIONAL MERGER
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...
Do mergers & acquisitions indicate the worst is behind this once-high flying sector? 5 QSR stocks with upside potential of up to 32%The sector that was worst hit by the rising popularity of online food delivery platforms like Zomato and Swiggy was quick service restauran...
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...
Burgers and big bets: Everyone wants a bite of booming QSRIndia's quick-service restaurant sector is experiencing a surge in dealmaking, with major players like Devyani International and Sapphire F...
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...
Stocks in news: ITC, Devyani International, Hudco, Tata Steel, KPI GreenMarkets began the New Year subdued, ending nearly unchanged. Analysts anticipate the Nifty will soon break its consolidation phase. A move ...
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...
Stock screener: MFs, FIIs drool over these 10 stocks, earn double-digit returnsInstitutional investors such as foreign portfolio investors and mutual funds have increased their stakes in at least 20 Indian stocks in th...