Motilal Oswal initiates coverage on Sapphire Foods with a buy call; Here's why
Updated: 25 May 2022, 11:50 AM IST
- The company also has an international presence in Sri Lanka and the Maldives. As Motilal Oswal pointed out, the company operates a total of 579 stores across all brands and geographies as of March 31, 2022.
Sapphire Foods is one of the two franchisees of Yum Brands (Yum) in India. Yum operates brands such as KFC, Pizza Hut and Taco Bell. REUTERS/Ali Jarekji/File Photo