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Wednesday, 26 Aug 20262 updates
↔ AI sentiment: Neutral
91% confidence
Sapphire Foods, Devyani Revise Merger Terms; No Shareholder Impact
Sapphire Foods India revised merger terms with Devyani International; SPA with Arctic terminated.
Share exchange ratio in the merger remains unchanged; no impact on shareholders or merger process.
Source: BSE
↗ AI sentiment: Bullish
68% confidence
Macquarie Sees 27.5% Upside in Devyani; Upgrades Jubilant to Neutral
Macquarie favors QSR stocks; Devyani tops with a target of Rs 190, implying 27.5% upside.
Sapphire, Westlife show strong growth potential; Jubilant upgraded to Neutral with limited upside.
Source: NDTV Profit