Shares of quick-service restaurants (QSRs) are currently hovering around their 52-week lows on Friday, March 13 primarily due to a significant shortage of commercial LPG resulting from supply chain issues in the Strait of Hormuz. Key players such as Sapphire Foods, Jubilant Foodworks, Devyani International (KFC, Pizza Hut), and Westlife Foodworld (McDonald’s) are encountering operational…
Flight attendants at American Airlines Group Inc. announced plans to stage a protest outside American Airlines’ headquarters in Fort Worth, Texas on Thursday, Association of Professional Flight Attendants representing 28,000 flight attendants said in a statement. This follows passing a vote of no confidence in Chief Executive Officer Robert Isom on Monday. The union had…
Yet the market’s verdict is at odds with broker opinion. Of the 21 brokerage firms tracking Somany Ceramics, 19 recommend ‘buy’, ‘add’ or ‘accumulate’, while only two suggest a ‘hold’, according to Bloomberg data. The divergence reflects a stock caught between near-term execution challenges and a broker consensus betting on a multi-year turnaround. Analysts argue…
