Brokerages eye Sapphire amid muted QSR outlook

Even as the near-term outlook for the quick service restaurant (QSR) industry remains muted, brokerages are positive about the prospects of Sapphire Foods India.   Their preference for the QSR......

Subdued festival sales may reflect in Q3 retail numbers

Retail companies are expected to witness a tepid strong same-store sales growth (SSSG) expansion in the third quarter (October – December) of the current financial year (Q3FY24) on the back......

A QSR full course serves up weak demand, margin pressures as sides

Except for Westlife Foodworld (Westlife), a weak 2022-23 (FY23) January-March (fourth quarter, or Q4) quarter performance and a muted near-term outlook led to a downward revision of earnings......

Weak sales growth weighs on Avenue Supermarts, operational parameters weak

The stock of the retail chain Avenue Supermarts (Dmart) was the biggest loser in the BSE 100 Index shedding 4.35 per cent on Thursday and added to these losses on Monday by falling an additional......