Q3FY22 is expected to fare much better for the company on the back of continued growth in revenue and opening of new stores and brands. Hence, we upgrade our rating on the stock to BUY with a revised target price of Rs. 4,220 based on 84x FY23E adj. EPS. Quarterly revenue hits all-time high Standalone revenue grew 36.6% YoY to Rs. 1,101cr in Q2FY22 (+11.6% vs. the prepandemic level of Q2FY20), supported by highest ever stores expansion. The revenue growth was driven by recovery in the Dine-in channels and continued momentum in the Delivery and Takeaway channels. Resultantly, EBITDA also rose 33.2% YoY to Rs....