Buy Jubilant Foodworks on any dip: Meghana Malkan

Meghana V Malkan of malkansview.com told CNBC-TV18, "Jubilant Foodworks looks very good on a higher time frame chart. It is moving out of the base, out of consolidation. The lower ride on that stock is over, so any dip is a buy on that stock."

At 15:27 hrs Jubilant Foodworks was quoting at Rs 1,748.95, down Rs 7.55, or 0.43 percent. It has touched an intraday high of Rs 1,768.80 and an intraday low of Rs 1,740.75.