Jubilant FoodWorks: Analysts remain bullish on Jubilant Food on strong Q3

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The inventory has rallied 30 per cent within the final three months to shut at Rs 2,825 on Thursday.

Synopsis

According to Motilal Oswal Financial Services, Jubilant has been the largest success story within the Indian quick-service restaurant trade, driving progress with its delivery-based enterprise mannequin.

Mumbai: Analysts raised their value targets on Jubilant Foodworks by 8-30 per cent after the corporate on Wednesday reported a 22 per cent enhance in consolidated revenue to Rs 124 crore within the quarter ended December 2020 from the year-ago-period.The administration of Jubilant, which operates Domino’s Pizza and Dunkin’ Donuts chains in India, has shifted its focus to progress by lifting capability restrictions in dine-in, mentioned analysts. “Jubilant’s

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