Devyani International Share Price Target & Forecast for 2022, 2023, 2025 and 2030 is high as it is fundamental strong stock. Various analyst have recommended devyani international share price target for year 2022 to Rs 200 and technical chart is also bullish.
Devyani International have posted good financial results and company have decided to open more QSR outlets in various cities, stock will move upward in a short to long term. Devyani International stock have risen nearby 30% in a short span after good profits and financial result.
Devyani International is largest quick service restaurant chain in India which operates pizza hut, kfc, Costa cofee and yum brands. It operates 655 stores in 155 cities and looking to open more outlets to grow. Post covid, qsr outlets are in huge demand and people are going out for lunch, breakfast and dinner at these outlets. There is huge demand in Indian market for snacks, pizza, coffee, etc and these franchise will grow further on a rapid space.
Devyani International share is up by 4% today after good financial results and as per technical analysis share will move up further. Devyani International share price target in 5 years term by 2025 can be Rs 650 if revenue and profits keeps rising. Jubilant Foodworks share is trading near Rs 3700 and it has grown on a rapid due to huge market and customers. It is also QSR running in the brand of Domino’s Pizza.
If you are looking to buy devyani international stock for long term then you must check regular financial results, profits, news related to devyani international, corporate actions, etc. This stock should be hold for long term for good returns as potential is good for this business. You must consult your financial advisor before investing in any stock.