Devyani International Share Price Target 2022

Overview of Devyani International

Devyani International Limited is one of the largest domestic franchisees of Yum! Brands in India, operating KFC, Pizza Hut, and Costa Coffee outlets. The company has a strong presence across tier-1, tier-2, and tier-3 cities. After the impact of the pandemic, the company saw a strong recovery in footfall and same-store sales growth. In 2022, the company continued its expansion strategy, opening new stores and focusing on cost efficiencies.

Share Price Targets for 2022

In 2022, Devyani International’s share price drawn considerable attention from investors. Analyst estimates varied, but the consensus target price for the stock was around ₹90-₹100. Some analysts maintained a ‘Buy’ rating due to the company’s growth potential in the quick-service restaurant segment. However, investors should consider their own risk profiling before making decisions.

How to Check Share Price Target

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Conclusion

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