Is it good to hold Devyani International?
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Is it good to hold Devyani International?
Devyani International: Momentum indicators like MACD and RSI, indicate that the momentum in the stock is likely to continue. We recommend a buy on Devyani above 143 with a target of 175. Investors are advised to maintain a Stop Loss below 110.
What is the upper price band and lot size of Devyani International Limited IPO?
Devyani International IPO Details
| IPO Opening Date | Aug 4, 2021 |
|---|---|
| Market Lot | 165 Shares |
| Min Order Quantity | 165 Shares |
| Listing At | BSE, NSE |
| Issue Size | [.] Eq Shares of ₹1 (aggregating up to ₹1,838.00 Cr) |
Who is the owner of Devyani International?
RJ Corp Limited
Devyani International/Parent organizations
Ravi Jaipuria is an Indian billionaire and chairman of RJ Corp. He owns fast-food outfit Devyani International, a franchisee for brands such as KFC, Pizza Hut, Costa Coffee and TWG Tea.
Is Devyani IPO oversubscribed?
The public offer of Devyani International, the operator of KFC and Pizza Hut quick service restaurants chain, was oversubscribed by 6.73 times as it received bids for 75.78 crore equity shares against IPO size of 11.25 crore shares, the subscription data available on exchanges showed on August 5.
Is it beneficial to invest in Devyani IPO?
Devyani is well placed to benefit from growing industry trends as it has a strong portfolio of highly recognized global brands which cater to a range of customer preferences. The financial performance has been tepid for the company which has further got impacted in FY21 due to the pandemic.
Is Devyani International loss making?
Q: Devyani International has made losses in the three years to FY21, as reported in the prospectus.
Is all cargo a good buy?
As on 10th Dec 2021 ALLCARGO Share Price closed @ 349.55 and we RECOMMEND Strong Buy for LONG-TERM with Stoploss of 191.15 & Buy for SHORT-TERM with Stoploss of 312.31 we also expect STOCK to react on Following IMPORTANT LEVELS.