Devyani International Ltd Share Price Target & Forecast 2027–2036

The next market-day median forecast for Devyani International Ltd (2026-09-16) is ₹82.28 which is 15.00% lower than today’s share price of ₹96.80 with a 10–90% range of ₹82.28–₹82.28. The estimate uses available price history, volatility, trend behaviour and intrinsic value gap.

Devyani International Ltd Stock Price Analysis

Devyani International Ltd – Historical Performance vs Predictions

Devyani International Ltd – 3-Month Price Forecast

Devyani International Ltd Next Market-Day Share Price Probability Distribution

Median forecast: ₹82.28 · Expected range: ₹82.28 – ₹82.28 · Chance of upside: 0.0%

Devyani International Ltd Share Price Prediction – How We Calculate the Targets

We calculate the share price targets for Devyani International Ltd using a combined approach of Geometric Fractional Brownian Motion (GFBM) and the Exponential Moving Average (EMA) for trend analysis. This hybrid model incorporates historical price data, memory effects through the Hurst exponent, and dynamic regime shifts based on the stock's trends. Below are the detailed steps of how these projections are calculated.

Step 1: Calculate the Log Returns

The log returns measure the relative change in stock prices over time. It is calculated as follows:

Where:

• S_i: Stock price at time i
• S_i-1: Stock price at time i-1

The log returns are calculated for each consecutive pair of stock prices between the start date (February 17, 2025) and the end date (September 15, 2026).

592 valid data points from the historical price data in the period from February 17, 2025 to September 15, 2026 have been used for the calculations.

Step 2: Calculate the Exponential Moving Average (EMA)

The EMA is a weighted average of past prices that gives more importance to recent prices. It is calculated as follows:

Where:

• α: Smoothing factor \(\frac{2}{n+1}\)
• P_t: Current stock price at time t
• EMA_t-1: EMA from the previous time step

Step 3: Calculate the Drift (Average Growth Rate)

The drift is the average rate at which the stock price grows over time. It is calculated as the mean of the log returns:

For Devyani International Ltd, the drift (average growth rate) is -0.09%.

Step 4: Calculate the Volatility

The volatility measures the extent of price fluctuations. It is calculated as the standard deviation of the log returns:

Step 5: Calculate the Hurst Exponent

The Hurst exponent measures the "memory" or persistence of the stock price movement. It is calculated as follows:

Step 6: Project Future Share Prices Using GFBM and EMA

The future price of the stock is projected using a combined model of Geometric Fractional Brownian Motion (GFBM) and Exponential Moving Average (EMA) for trend-based regime switching.

Step 7: Predicting Tomorrow's Stock Price for Devyani International Ltd

The next market-day price forecast uses price trend, volatility, valuation gap and regime adjustment. The displayed value is the median estimate, supported by a 10–90% uncertainty range.

Step 8: Projected Share Prices for the Next 10 Years

The projected share prices for the next 10 years are calculated using the combined GFBM and EMA model, taking into account historical growth, volatility, and market trends.

Conclusion

Our hybrid approach provides a realistic projection of share prices for Devyani International Ltd over the next 10 years by considering historical performance, volatility, market memory, and current trends.

Disclaimer

The projected stock prices are informational estimates based on available data and assumptions. Past performance does not guarantee future results. Investors should consider risk profile, investment horizon, portfolio allocation and market risks before acting on any research output. Please read all relevant documents and terms carefully before investing.