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Devyani International Ltd. listed at a premium on market debut after investors piled into the initial public offering of the operator of KFC, Pizza Hut and Costa Coffee stores in India.
The stock listed at Rs 141 apiece on the National Stock Exchange, a premium of 56.7% to its IPO price of Rs 90. It saw an intraday high of Rs XX thereafter.
Devyani International shares: The shares of the fast-food chain operator opened higher by 56 per cent at Rs 141 on the BSE and Rs 140.90 on the NSE, as against issue price of Rs 90 per share.
India Business News: Shares of Devyani International Ltd, the largest franchisee of Pizza Hut, KFC and Costa Coffee in India, on Monday debuted with a huge premium of near
Shares of Devyani International Ltd, the largest franchisee of Pizza Hut, KFC and Costa Coffee in India, on Monday debuted with a huge premium of nearly 57 per cent against its issue price of Rs 90.