Devyani International shares

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.  Market participants reacted positively to the rating…

Devyani International shares surged sharply in early trade, gaining nearly 8%, after global brokerage Jefferies upgraded the stock to Buy and reaffirmed its ₹145 price target. The upgrade has brought renewed confidence among investors, especially as the brokerage highlighted improving margins, better same store sales growth, and a strong long term expansion story for the…