Kotak Institutional Equities raised the target price on the stock to ₹180 from ₹160 while increasing its KFC store forecast and aligning it with management guidance, also tweaking margin assumptions and EBITDA estimates.
Hot stocks in focus: Benchmark indices ended higher on Friday amid mixed trend in the global markets. Vedanta, ITC, Tata Motors, Jindal Steel, Bharti Airtel among hot stocks to watch out for in the week of May 15.
The food delivery industry in India is all set to grow rapidly in the medium term driven by intensifying internet penetration, rising consumption and growth in urbanization.
HDFC has seen some resolutions in the non-individual book through sale to ARC, which will keep the non-individual loan growth muted, said a domestic brokerage
After dropping around 8% on block deal, Shares of Devyani International were trading with marginal gains on Wednesday, Get more Markets News and Business News on Zee Business.