Devyani International Ltd. News and Updates

Name: Latest research reports of Devyani International Ltd. authored by Prabhudas Lilladhar and published by - Trendlyne research reports.
Item: Devyani International Ltd.
Rating: 3
Author: Prabhudas Lilladhar

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Devyani International Ltd.

02 Aug 2021

169.33

-1.31%

IPO Note - Execution key for LT, listing gains likely - SUBSCRIBE

IPO Note: Devyani International Ltd.

Prabhudas Lilladhar

We recommend subscribe to IPO of DIL. We believe DIL is on the verge of a new growth phase for the company led by 1) KFC's leadership in Chicken segment 2) strong brand recall and growth prospects of Pizza hut with just 297 stores (1300+ by Dominos) 3) Acquisition of 73 KFC stores of Yum over past 3 years 4) Aggressive expansion with addition of 90 stores in the last 6 months and likely hood of sustaining trend 5) move towards smaller delivery formats for KFC & Pizza Hut (share of delivery up from 50-70% between FY20/21) to achieve faster growth and higher margins and lower payback...

Devyani International Ltd. is trading below its 30 day SMA of 169.7

VOTE: Is Devyani International Ltd. worth buying?

219 Votes:

Buy 86.76%

Sell 9.13%

Hold 4.11%

RESEARCH REPORTS

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26.37% Gain from 52W Low

Devyani International Ltd. News and Updates

Keep track of all breaking news on Devyani International Ltd. from all sources in a single place.