Jubilant FoodWorks share price: Avendus and MOSL trimmed target prices, warning that a high base could limit future double-digit growth.
While Jubilant Food Works and Nykaa's parent company, FSN E Comm Ventures, stood at the top of the gainers' list today, the losers mostly included banks that contributed to a major downside on the Nifty PSU Index today
Sameer Khetarpal, MD and CEO of Jubilant FoodWorks, said the pizza-chain plans to open 30 to 35 Popeyes restaurants in the current financial year to take the store count to 50.
Domino's has a strong track record of fast delivery, pioneering 30-minute delivery and establishing itself as a market leader.
The company inaugurated its first restaurant in Bengaluru, which was followed by rapid expansion to 12 restaurants across the city in less than a year.
Jubilant Foodworks posted a mixed performance in Q4FY22. While the operating performance beat estimates, Net Profit was marginally lower than expectations. Is it the time to buy the stock? Watch the video for more.
JFL is expanding the core Dominos business with focus on reducing the delivery time. Also, JFL would significantly scale up Hong's Kitchen, Ekdum as well as Popeyes chicken business in India
With sales crossing pre-COVID levels in October 2021, and malls and colleges reopening, BKIL’s performance is likely to improve
Burger King's Indonesian acquisition is at attractive valuations and likely to add shareholder value, besides fast tracking its growth prospects
Burger King is expected to deliver industry leading earnings growth in the medium term driven by aggressive store expansion, menu enrichment by product introductions
Second wave of COVID-19 and consequent lockdowns and restrictions are likely to significantly impact the dine-in business of Barbeque Nation in H1FY22
We recommend investors to book profits after a strong 42 percent listing gains of Barbeque Nations over the issue price. Valuations are currently at a premium to peers
After the steep run-up in the stock price, we expect Burger King to witness some profit-taking from investors
Trends on SGX Nifty indicate a flat to positive opening for the broader index in India, a rise of 12.5 points or 0.11 percent. Nifty futures were trading around 10,960-level on the Singaporean Exchange.
Among BSE500 space, stocks such as Kwaity, Vakrangee and IL&FS have fallen between 92 and 84 percent.
HDFC Securities recommended buy rating on Jubilant Food Works with a target price of Rs 1405 in its research report dated July 18, 2017.
Expecting the Nifty rally to top off closer to 5,200-5,250 levels, Ambareesh Baliga, COO of Way2wealth says there is a possibility to see a decent rally post December-January. "the only way to play this market is to keep some cash to buyback at lower levels," he suggests.
The market has lost strength, completely tired and haggard as the bears have taken toil. Investors are nervous and worried as the market is on a sharp decline. However, some experts see silver lining in the dark cloud and see opportunity in this weak market.