Jan 2 (Reuters) - India's KFC and Pizza Hut operator Devyani International climbed 7.3% on Friday after striking a long-anticipated $934 million merger deal with peer Sapphire Foods, creating a fast-food major poised to challenge market leader Jubilant Foodworks.
The stock was trading at 158.14 rupees as of 9:17 a.m. IST and was set for best day since August 2025.
(Reporting by Urvi Dugar in Bengaluru; Editing by Janane Venkatraman)


















