Macquarie bullish on QSR sector; initiates coverage on 2 stocks
- Posted on January 15, 2025
- By Business News Today
- 6 Views
Macquarie bullish on QSR sector; initiates coverage on 2 stocks
Macquarie initiates coverage on Devyani International and Sapphire Foods with "Outperform" ratings, setting target prices of Rs 230 and Rs 390 respectively. Positive outlook driven by growth momentum in the QSR sector, with notable December acceleration and potential fiscal stimulus from the February budget.
