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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.

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

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.

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

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

Bulk deals: ICICI Bank increases stake in ICICI Lombard

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

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

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.

Sapphire Foods India Ltd.

52-Wk High	1,680.00
52-Wk Low	1,213.00

SAPPHIRE.NSE Sapphire Foods India Ltd.

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