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Kotak chose Sapphire Foods as its preferred pick within the QSR space given its reasonable valuation and lower risk to earnings, followed by Devyani International. ....
Small pizzerias grab bigger share financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
KFC, Pizza Hut: Sapphire Foods has outperformed Devyani - a 5-year KFC same-store sale growth (SSSG) of 8 per cent compounded annually against 4 per cent for Devyani.
In FY23, 30 companies undertook voluntary product recalls, while 16 were forced to recall their products, shows data sourced from Prime Database. Product recall information forms part of the business responsibility and sustainability reporting (BRSR) framework that is mandatory disclosure for the top 1,000 listed companies from FY23. Since many companies have not disclosed data for FY22, a YoY comparison is not tenable. ....