Devyani International Ltd (DEVY.NS): Positive SSG Momentum Continues; Sustained Momentum Can Drive Re-rating

Research evidence excerpt

Devyani International Ltd (DEVY.NS): Positive SSG Momentum Continues; Sustained Momentum Can Drive Re-rating

s in the Republic of China (Taiwan). CGMTS is regulated by the Securities and Futures Bureau of

the Financial Supervisory Commission of Taiwan, the Republic of China (Taiwan). No portion of the Product may be reproduced

or quoted in the Republic of China (Taiwan) by the press or any third parties [without the written authorization of CGMTS].

Pursuant to the applicable laws and regulations in the Republic of China (Taiwan), the recipient of the Product shall not take

advantage of such Product to involve in any matters in which the recipient may have conflicts of interest. If the Product covers

securities which are not allowed to be offered or traded in the Republic of China (Taiwan), neither the Product nor any

information contained in the Product shall be considered as advertising the securities or making recommendation of the

securities in the Republic of China (Taiwan). The Product is for informational purposes only and is not intended as an offer or

solicitation for the purchase or sale of a security or financial products. Any decision to purchase securities or financial products

mentioned in the Product must take into account existing public information on such security or the financial products or any

registered prospectus.

The Product is made available in Thailand through Citicorp Securities (Thailand) Ltd., which is regulated by the Securities and

Exchange Commission of Thailand. 399 Interchange 21 Building, 18th Floor, Sukhumvit Road, Klongtoey Nua, Wattana

,Bangkok 10110, Thailand.

Disclosure for investors in the Republic of Turkey: The Product is made available in Turkey through Citibank AS which is

regulated by Capital Markets Board.