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Jubilant FoodWorks reported a 74% fall in quarterly profit on Tuesday as the Domino's Pizza's Indian franchisee grappled with higher costs while also spending heavily to expand in the country. Consolidated profit fell to 289.2 million rupees ($3.53 million) for the first quarter ended June 30, from 1.13 billion rupees, a year earlier, Jubilant said in an exchange filing.
Domino's India franchisee Jubilant's profit slumps as expenses weigh
Top Investment Ideas: Cement/Realty Ultratech Cement: Steady expansion paves the way for industry leading growth Key Rationales * Cement demand is expected to pick up post the festive season and volume growth should be in double-digits in FY23/24. Prices should improve going forward to mitigate the impact of sustained cost pressures. * UTCEM is expanding grinding capacity domestically to 131mtpa/154mtpa by FY23E/FY25-26E, offering strong growth visibility. We expect sales volume ...
Top Investment Ideas For January 2023 By Motilal Oswal Financial Services
Bharat Petroleum Corporation Ltd Buy Bharat Petroleum Corporation Ltd @ 346.50-347.50 CMP 349.15 Stop Loss 343.30 Target 351.80 Jubilant Foodworks Ltd Buy Jubilant Foodworks Ltd @ 521.00-523.00 CMP 523.85 Stop Loss 526.30 Target 515.20 To Read Complete Report & Disclaimer Click Here Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.htm...
Stock Picks - Bharat Petroleum Corporation Ltd And Jubilant Foodworks Ltd By ICICI Direct
* Jubilant Foods has been trading in a steady long term uptrend since 2016. It experienced multiple corrective phases in between but it kept forming higher highs and higher lows while holding firmly above the uptrend trendline. * After the phenomenal surge from the low 227 in March 2020 to a new record high of 918 in October 2022, it retraced to digest the gains and retested the support zone of long term average (200 EMA) which also coincide with the trendline support. * The last six mo...
Buy Jubilant Foodworks Ltd. For Target Rs. 670 - Religare Broking
Mr. Pratik Pota’s resignation comes as a surprise According to a press release by Jubilant FoodWorks (JUBI), Mr. Pratik Pota tendered his resignation from the post of CEO of JUBI, which was accepted by the Board on 11th Mar’22 (Link) The move comes as a surprise since the Board of Directors, in Jun’21, had approved Mr. Pota’s re-appointment as the CEO for three years from Apr’22 until Mar’25 (Link). According to Mr. Pota’s Twitter account, he...
Buy Jubilant FoodWorks Ltd For Target Rs.3,680 - Motilal Oswal
Building on strengths, growth prospects buoyant JUBI’s FY21 annual report highlights the management’s efforts to stay ahead of its peers and reap the tremendous opportunities in the Indian QSR space. * Boosting its technological capabilities: In addition to its delivery and value moat, JUBI is boosting its technological moat to enhance its lead over its QSR peers and aggregators. Improving its pre-order experience, usage of Hindi and regional languages, and setting up of its...
Buy Jubilant Foodworks Ltd For Target Rs.4,830 - Motilal Oswal
Below is quote on Jubilant FoodWorks - stock up ~3% by Mr. Amarjeet Maurya, - AVP - Mid Caps, Angel Broking Ltd Jubilant Foodworks(JFL) is a food service company engaged in retail sales of food through two strong international brands, Domino’s Pizza and Dunkin’ Donuts addressing different food market segments. During 1QFY22, JFL has reported strong sales growth (~130% yoy) and Profit (Rs69cr) against loss in 1QFY21. Going forward, we expect JFL to report a health...
Quote on Jubilant FoodWorks - stock up ~3% by Mr. Amarjeet Maurya, Angel Broking Ltd
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