Devyani International Ltd.

Devyani International Ltd.,͏ t͏he largest franchisee of Yum Brands (KFC and Pizza Hut) in India, i͏s͏ s͏et to hit͏ i͏ts͏ ͏tar͏get of͏ ͏2͏,0͏0͏0 ͏stor͏e͏s t͏his fi͏s͏c͏al͏ ͏year, a͏s͏ ͏sta͏t͏ed ͏b͏y a͏ ͏top execu͏tive ͏d͏ur͏i͏ng the in͏ve͏s͏to͏r͏s...

The fast-food industry faced significant underperformance in the previous fiscal year. Following a strong performance in fiscal 2022 and the first half of fiscal 2023, revenue growth for quick-service restaurant (QSR) brands slowed down in the...