Why analysts are bullish on the company that owns, operates McDonald’s across west and south India

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The quick service restaurant (QSR) company missed estimates in the September 2023 quarter due to weak consumer spending and high base in the corresponding quarter of the previous year. The revenue and PAT were 1.8% and 30% lower, respectively, than the consensus estimates of analysts compiled by Reuters-Refinitiv. The company owns and operates McDonald’s restaurants across west and south India. It is present across 59 cities in India. Despite



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