News for Devyani International Limited (DEVYANI.NS)

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.

Zomato and Swiggy shares drop after BofA downgrade, while analysts predict challenges ahead in quick commerce sector.

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.

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.

KFC India has introduced a mandatory sign language training programme for all its employees, including corporate staff. This initiative is part of the Kshamata program aimed at bridging gender and ability gaps. The company plans to double its speech and hearing impaired workforce by 2026.

Total Revenue: INR1,290 crores for Q4 FY24.EBITDA: INR35 crores for Q4 FY24.PAT Loss: INR90 crores for Q4 FY24.Guest Visits: 32.6 million in Q4 FY24; 151 milli

Indian benchmark equity indices Nifty and Sensex ended flat in a highly volatile session on Friday, while global markets advanced after Federal Reserve Chair Jerome Powell stated that "the time has come" to reduce interest rates.

The northward movement in the stock price came on the news of block deals involving 42,46,671 shares of the company, worth nearly Rs 79.34 crore: Devyani International shares

Shares of BLS International Services and other top tourism stocks have seen remarkable growth post-lockdown, with returns ranging from 1,222% to 4,721%. The newly launched Nifty Tourism index tracks 17 constituents, offering investors a diversified approach to the booming tourism sector.

NSEs index services subsidiary, NSE Indices has launched a new thematic index called Nifty India Tourism which will track the performance of stocks in Nifty 500 index representing the travel and tourism theme.

Stocks to watch: Check out the companies making headlines before the opening bell today, on March 19, 2024.

In Q3, FIIs reduced their stake in Hindustan Unilever to 13.65 percent from the previous quarter's 13.90 percent. Their stake in ITC dropped to 43.26 percent from 43.34 percent, as per the latest shareholding pattern data from exchanges

A short build-up was seen in 54 stocks including Balrampur Chini Mills, Hero MotoCorp, Coromandel International, Cholamandalam Investment & Finance, and Birlasoft

Stocks to watch: Check out the companies making headlines before the opening bell today, on February 2, 2024.