Reduce Devyani International, target price Rs 150: HDFC Securities
HDFC Securities has a reduce call on Devyani International with a target price of Rs 150. The current market price of Devyani International Ltd. is Rs 172.7. Devyani International, incorporated in 1991, is a Small Cap company with a market cap of Rs 20,809.30 crore, operating in the Tourism & Hospitality sector.
Devyani International’s key products/revenue segments include Food Products, Other Operating Revenue and Scrap for the year ending 31-Mar-2024.
Financials
For the quarter ended 30-09-2024, the company has reported a Consolidated Total Income of Rs 1226.99 crore, down -.39 % from last quarter Total Income of Rs 1231.81 crore and up 48.54% from last year same quarter Total Income of Rs 826.05 crore. The company has reported net…
