Devyani International shares jump 6% as Yum Restaurants likely sells 4.3% stake via block deal

Shares of Devyani International rose nearly 6% on reports of a block deal where Yum Restaurants India plans to sell a 4.4% stake, aiming to raise around Rs 815 crore. The company reported weak numbers for the December quarter with profit plunging 87% and revenue rising 7%.