The acquisition of the remaining 10.58 percent stake (on a fully diluted basis) is likely to be completed in another month’s time, by October 26, 2022.
The stock valuations are attractive and provide significant scope of re-rating from the current levels
Motilal Oswal is bullish on Jubilant Foodworks recommended buy rating on the stock with a target price of Rs 720 in its research report dated August 22, 2022.
''The company's present assessment of the medium-term market potential in India is 3,000 stores. Accordingly, the company has systematically strengthened its business development capabilities and as a result, has now significantly accelerated the pace of network expansion...,'' according to the company's latest annual report.
On the weekly chart of United Breweries, we can observe that prices have shown a bounce on the upside since June 2022 while taking support from the bullish trend line which the prices are respecting since October 2020.
Motilal Oswal is bullish on Jubilant Foodworks recommended buy rating on the stock with a target price of Rs 720 in its research report dated August 02, 2022.
With robust new store additions, menu innovation and margin improvement, DIL is poised to deliver strong earnings growth in the medium term
Prabhudas Lilladher is bullish on Jubilant FoodWorks has recommended buy rating on the stock with a target price of Rs 700 in its research report dated July 28, 2022.
Sharekhan is bullish on Jubilant Foodworks has recommended buy rating on the stock with a target price of Rs 675 in its research report dated July 28, 2022.
Motilal Oswal is bullish on Jubilant FoodWorks recommended buy rating on the stock with a target price of Rs 720 in its research report dated July 28, 2022.
Jubilant FoodwWorks is enhancing its core Domino's business in India by opening new stores, boosting same-store sales growth, and offering new products. It has also maintained the EBIDTA margins over the last two quarters and aims to maintain it in the current fiscal, which implies a healthy profitable growth. MC Pro stays bullish and advises investors to add the stock to the portfolio
JFL is enhancing its core Domino’s brand in India by opening new stores and would also scale up new businesses. Despite inflationary pressures and the split-store strategy, JFL has broadly maintained EBITDA margins over the past two quarters
Jubilant Foodworks Q1 result: Dine-in and takeaway channels combined witnessed strong sequential growth, while momentum continued in the delivery channel, the company said
The Nifty has crossed some of its important hurdles and the next resistance levels of 16,700 and 16,800 would be keenly watched. The immediate support for the index is at 16,350 and 16,200
With the transformation specialist Pota at the helm, Eureka Forbes, best known for its vacuum cleaners and water purifiers, will be stepping on the growth pedal. Here is all you need to know about the new CEO and what he brings to the table for the company, now owned by PE player Advent.
Until recently, Pota was the CEO at Jubilant Foodworks Ltd where he led the business to a comprehensive turnaround and transformation.
The stock is currently trading at 13.5 times its FY24 EV/EBIDTA estimates. This is at a significant discount to other major QSR players. Current valuations adequately factor near term headwinds in Sri Lankan operations.
ITC climbed 4 percent to close at Rs 284.35, which is higher than immediate previous top of Rs 282.35 on May 20 this year. The stock formed a big bullish candle on the daily scale with strong volumes. On the weekly basis as well, there was a robust bullish candlestick pattern formation, continuing Higher High Higher Low for third consecutive week.
We expect RBA to emerge as a much stronger quick service restaurant (QSR) player in the post COVID-19 scenario
Jubilant is looking for expansion of core Domino's brand with focus on profitability as well. The announcement of new CEO removes key leadership overhang the stock had been facing
Jubilant Foodworks has given a breakout of a falling trendline with increase in volume activity. With the breakout the stock formed a strong bullish candle and closed at 2-weeks high level.
From the two-wheeler space, we have been closely tracking 'Hero MotoCorp' as it maintained its sturdy structure by showing series of higher highs higher lows. With Friday's upsurge, the stock prices finally managed to traverse the '200-day SMA' (Rs 2,600) for the first time after March 2021.