Devyani international
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Bersnstein initiates coverage on consumer sector, rates DMart, Trent Jubilant as Outperform
Global investment firm Bernstein has initiated coverage on seven key stocks in the Indian retail and restaurant sector, delivering a mixed outlook with four stocks rated as "Outperform" and two as "Underperform."
Stocks To Watch Today: Hindalco, Zee Entertainment, Union Bank of India, Swan Energy, Devyani International
Top stocks to watch today are Hindalco, Zee Entertainment, Union Bank of India, Swan Energy, Devyani International.
Stocks To Watch Today: Hindustan Zinc, Vedanta, Devyani International, Greenlam Industries, Tata Power
Top stocks to watch today are Hindustan Zinc, Vedanta, Tata Motors, Devyani International, Greenlam Industries and Tata Power besides others.
Devyani International IPO: Issue subscribed 9.56 times on final day
The initial public offering (IPO) public issue of Devyani International, along with the operating channels of restaurants like KFC and Pizza Hut, is contiguously receiving a firm response on the issue subscribed at a rapid pace of 9.56 times on August 6, till the last day of bidding.
Devyani International IPO: Issue subscribed by 3.96 times on Day 2
The company received bids for 42.14 crore equity shares against an IPO size of 11.25 crore shares. According to data by IPO Watch, The trading price for the IPO increased to Rs. 155, which is 72 per cent higher compared to its issue price of Rs 90.
CarTrade Tech to launch IPO on August 9
Devyani International, Windlas Biotech, Exxaro Tiles, and Krsnaa Diagnostics were the four IPO's scheduled for 2021. CarTrade will be the fifth and has been scheduled in August.
Devyani International sets its IPO price band at Rs 86-90
The public issue is set to commence on August 04, constituting a fresh issue of Rs 440 crore along with an offer for sale of 15,53,33,330 equity shares by Dunearn Investments (Mauritius) Pte Ltd and promoter RJ Corp. The entire fundraising stood to be Rs 1,838 crore at a higher price band.