News for Devyani International Limited (DEVYANI.BO)

Stock Market Today | Share Market Live Updates 2 May 2025 - Find here all the highlights related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 2 May 2025

Kinley Soda is available in more than 1.4 million retail outlets in India.

Coca-Cola India's Kinley Soda achieves ₹1,500 crore revenue milestone, showcasing commitment to innovation, quality, and consumer satisfaction.

Biryani is set to get its own valuation. Devyani International, the largest franchisee of Kentucky Fried Chicken (KFC) quick-service restaurants (QSRs) in India, is considering the acquisition of Sky Gate Hospitality, which operates restaurants under the brand Biryani By Kilo (BBK), it said in a statement to BSE on Monday.

India's consumption theme is poised for a strong FY26, fueled by tax cuts, easing monetary policy, and a promising monsoon. The Rs 1 lakh crore income tax relief and potential 8th Pay Commission implementation are expected to boost spending.

On Tuesday, the scrip was trading 5 per cent higher at Rs 163.55 on BSE. Kotak likes Devyani for KFC’s market opportunity, given the strong brand equity and under-penetration in India and optionality of other brands.

Hong Kong-based AMC Kadensa Capital offloaded more than 60 Lakh shares of foodtech giant Zomato in an INR 119.84 Cr block deal.

Global brokerage firm BofA Securities has downgraded ratings for Zomato and Swiggy, citing concerns over their future growth prospects and…

Malaysian bubble tea chain Tealive is expanding its presence in Asia with exclusive franchise arrangements entered into for India and Thailand.

The Indian market extended its winning streak to a third session, driven by gains in financials and Reliance Industries. Positive sentiment followed softened U.S. inflation data, boosting hopes for a Federal Reserve rate cut. Wall Street also saw strong earnings reports, further enhancing market sentiment.

The Indian stock market ended in the green for the second day, supported by gains in financials and Reliance Industries despite pressure from pharma and auto stocks. Analysts cited volatility due to US bond yields and dollar strength, with positive sentiment persisting above 23,000 on the Nifty index.

India's benchmark indices fell sharply, with Sensex down 1.59% and Nifty 1.62%, driven by broad-based selling and cautious investor sentiment over Human Metapneumovirus (HMPV) cases and global economic uncertainties, including the Fed's hawkish stance and strong dollar.

Join Bandu’s stock picking challenge to win ₹2,000 by guessing the best performing stock by next Friday. Enter now!

The September quarter earnings season proved disastrous for India Inc, with 36 BSE 500 companies reporting over 50% profit plunges. Analysts warn the market will react negatively to the continued poor performance, particularly in sectors like auto and banking, where weak consumption demand is evident.

The Sensex has tumbled 8% from its September peak due to global and domestic pressures, but major brokerages remain cautiously optimistic about India's long-term growth prospects. HSBC, Goldman Sachs, Citi, and CLSA highlight opportunities in sectors like financials, infrastructure, and IT, while advising caution amid high valuations and FII outflows.

The QSR operator had reported a profit of Rs 35.82 crore in the July-September quarter a year ago

Devyani International reported a net loss of Rs 4.92 crore in Q2FY25, despite a 49% YoY revenue growth to Rs 1,222 crore. EBITDA margin declined to 16.3% from 18.3%. The company added 85 new stores and secured exclusive master franchise rights for three modern QSR brands: TeaLive, New York Fries, and Sanook Kitchen.

Stocks including Tata Motors, JSW Steel, Life Insurance Corporation, Asian Paints, ITI, Divis Laboratories, Ola Electrics, GR Infra and more will be the spotlight on Monday, November 11.

Over 2500 companies, including prominent names like ONGC, Hindalco, and Hero MotoCorp, are set to release their second-quarter earnings this week. Early reports suggest muted results, with analysts predicting the slowest growth in over four years due to a marginal 2% rise in Nifty earnings.