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Travel Food Services gains after new brokerage coverage
Travel Food Services climbed 6% to a record high after ICICI Securities issued a Buy rating citing strong airport F&B revenue momentum.
Travel Food Services rose about 6% to a record high after ICICI Securities initiated coverage with a Buy rating. The brokerage highlighted strong revenue traction across airport food and beverage operations along with visibility from long term concession contracts. The stock saw firm volumes as investors added positions following the upbeat assessment.