Motilal Oswal
Devyani International (Devyani) reported 38.7% YoY revenue growth in
4QFY24, including the Thailand acquisition. The organic growth (exacquisition) is expected to be ~5% YoY (est. 7.5%) despite a 20% store growth.
Devyani International Ltd. is trading at high day volume of 6.0M.
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