Intrinsic Value

Returns vs FD rates

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Jefferies initiated coverage on Devyani International with a buy rating and a target price of Rs 240. The company is among the top QSR players in India with a modest track record on several parameters, according to the brokerage. 



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Devyani International Shares Witness Surge In Trade | NSE Closing Bell | CNBC TV18

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Devyani International is surging in trade today after Jeffries initiated a buy rating on the stock. CNBC-TV18’s Sonia Shenoy has more details.

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Jefferies bets on Devyani International

During the IPO, the shares were available in the range of Rs 86-90. Devyani International debuted on the bourses at Rs 141 in August. However, prices have not moved much since then.

A ‘juicy chicken pizza’: Jefferies sees 75% upside in this market debutant

Devyani International shares rise as Jefferies initiates coverage with ‘buy’ rating

Devyani International Shares Jump The Most In Three Weeks As Jefferies Initiates Coverage With A ‘Buy’

Devyani International rose 4.86% to Rs 145.75 after a foreign brokerage reportedly initiated coverage on the stock with a price target of Rs 240.

Devyani International spurts after foreign brokerage initiates coverage

Choice Equity Broking is bullish on Devyani International has recommended buy rating on the stock with a target price of Rs 195 in its research report dated November 24, 2021.

Buy Devyani International; Target Of Rs 195: Choice Equity Broking

Amarjeet Maurya, AVP Mid Caps, Angel One said Sapphire Foods India said the company has a better revenue per store compared to Devyani International. “Considering the company’s business model and given the scrip is trading at a discount compared to its peers, we recommend holding the stock for the l…

Buy, sell or hold: What should you do with Sapphire Foods shares?

The Global Index provider, MSCI, has added Zomato in its MSCI Global Standard India Index and added Devyani International in MSCI India Domestic Small Cap Index.

Zomato, Devyani scale new highs on MSCI inclusion, stocks rally up to 15%

Devyani International Ltd, Manugraph India Ltd, Prozone Intu Properties Ltd and Zodiac Clothing Company Ltd are among the other gainers in the BSE’s ‘B’ group today, 12 November 2021.

BIGBLOC Construction Ltd leads gainers in ‘B’ group

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.

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

Devyani International advanced 3.34% to Rs 126.80 after the company reported a consolidated net profit of Rs 46.6 crore in Q2 FY22 as against a net loss of Rs 65.5 crore in Q2 FY21.

Devyani International gains on turnaround in Q2 performance

The company operates quick service restaurants (QSR) chains. The Company is the franchisee of Yum Brands, KFC, Pizza Hut, TWG Tea and Costa Coffee. The Company is engaged in providing services under its brand name Vaango.

Devyani International Ltd

Devyani International Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

News Video

Devyani International Shares Witness Surge In Trade | NSE Closing Bell | CNBC TV18

News Video

Jefferies bets on Devyani International

A ‘juicy chicken pizza’: Jefferies sees 75% upside in this market debutant

Devyani International Shares Jump The Most In Three Weeks As Jefferies Initiates Coverage With A ‘Buy’

Devyani International spurts after foreign brokerage initiates coverage

Buy Devyani International; Target Of Rs 195: Choice Equity Broking

Buy, sell or hold: What should you do with Sapphire Foods shares?

Zomato, Devyani scale new highs on MSCI inclusion, stocks rally up to 15%

BIGBLOC Construction Ltd leads gainers in ‘B’ group

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

Devyani International Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

News Video

Devyani International Shares Witness Surge In Trade | NSE Closing Bell | CNBC TV18

News Video

Jefferies bets on Devyani International

A ‘juicy chicken pizza’: Jefferies sees 75% upside in this market debutant

Devyani International Shares Jump The Most In Three Weeks As Jefferies Initiates Coverage With A ‘Buy’

Devyani International spurts after foreign brokerage initiates coverage

Buy Devyani International; Target Of Rs 195: Choice Equity Broking

Buy, sell or hold: What should you do with Sapphire Foods shares?

Zomato, Devyani scale new highs on MSCI inclusion, stocks rally up to 15%

BIGBLOC Construction Ltd leads gainers in ‘B’ group

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

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock