Devyani International shares jump 8% as Jefferies upgrades to ‘Buy’, keeps ₹145 target
Devyani International shares jumped nearly 8% in early trade after global brokerage Jefferies upgraded the stock to ‘Buy’ from ‘Hold’, while maintaining a target price of ₹145, implying about 25% upside potential. The upgrade follows a 17% correction from recent highs, improved leadership visibility, and stable operating metrics.
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