Competition among QSRs has investors questioning if pizza will lose out to other comfort foods like burgers, fried chicken, and biryani. KFC has seen growth and outperformed pizza, while pizza firms face slow store growth expansion. Among QSR stocks, Sapphire Foods has given a decent return in last 6 months, and buy ratings are recommended for Devyani, Sapphire, and Restaurant Brands Asia.
Interest rates and inflation seem to be the least of the concerns back home. This seems to be the season to blindly believe in every story that is doing the rounds.