News for Devyani International Limited (DEVYANI.BO)

Top movers today: Shares of Bajaj Finance traded with over 1 per cent gain, leading the Nifty 50 pack, following its Q1 business update. Meanwhile, Trent shares were hit hard, down 11 per cent. Wipro, Hero Motocorp, Tech Mahindra, Infosys and Bajaj Finserv traded with marginal gains, while Tata Steel, Eicher Motors, SBI Life, IndusInd, JSW Steel and Grasim depreciated 1-2 per cent.

Equity indices show marginal gains amid US-India trade deal, FII selling pressure; sectoral indices mixed, Nifty gainers and losers highlighted.

Indian benchmark equity indices closed with gains on Friday, led by share prices of Jio Financial Service Ltd. and Asian Paints Ltd. The NSE Nifty 50 ended 88.80 points, or 0.35% higher at 25,637.80, while the BSE Sensex closed 303.03 points, or 0.36% up at 84,058.90. During the day, Nifty rose 0.41% to trade at 25,654.20 and the Sensex advanced 0.40% to 84,089.35.

Tata Motors Ltd., BSE Ltd., and Devyani International Ltd. were among the top companies on brokerages' radar on Tuesday. According to Morgan Stanley earnings turnaround will be gradual for Tata Motors and FY26 could see earnings downgrades. In addition, HSBC's India strategy highlights that discretionary consumption in India is likely to get a $30-40 billion annual boost over the next 18-24 months.

Devyani International’s consolidated revenue for full year rose by 39.2% to Rs49.51bn.

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.

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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.