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Buy Sapphire Foods; target of Rs 1650: Motilal Oswal

Motilal Oswal is bullish on Sapphire Foods has recommended buy rating on the stock with a target price of Rs 1650 in its research report dated May 10, 2024.

Brokerages retain buy calls on Sapphire Foods despite 98% on-year fall in profit

KFC has shown resilience in managing the inflationary headwinds more effectively, while Pizza Hut has been struggling, said experts.

QSR is missing the spice of demand uptick, while cost of adding stores stays high

Kotak chose Sapphire Foods as its preferred pick within the QSR space given its reasonable valuation and lower risk to earnings, followed by Devyani International.

Hot Stocks: BSE, Sapphire Foods, Cummins India may deliver 15-20% returns in short term

Based on the current chart patterns, a robust bullish phase is anticipated for the longer term. It is advisable to consider buying opportunities above the 22,200 level, targeting potential upside levels ranging from 22,530 to 22,900 on Nifty.

Bulk deals: ICICI Bank increases stake in ICICI Lombard

Bharti Enterprises sold 1.26 percent stake in ICCI Lombard while ICICI Bank picked up 1.41 percent equity stake

8 stocks that stand to profit from ‘Affluent India’, according to Goldman Sachs

While several stocks can benefit from the affluence trend, these stocks have a secret sauce that will get them ahead

Sapphire Foods India Ltd. engages in the quick service restaurant and casual dining business. It acts as YUM brand's franchisee operator and operates 204 KFC restaurants, 231 Pizza Hut restaurants and 2 Taco Bell stores in India, Sri Lanka and Maldives. The company was founded on November 10, 2009 and is headquartered in Mumbai, India.

Volume	21,838.00
52-Wk High	1,680.00
52-Wk Low	1,213.00

SAPPHIRE.NSE Sapphire Foods India Ltd.

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