BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Goldman Sachs maintains neutral on Jubilant FoodWorks
Goldman Sachs trims estimates on store guidance. It educed FY17-19 sales estimates by 2 per cent and EBITDA estimates by 4-8 per cent. Recent rally in wheat prices to impact Jubilant's margin. We remain conservative on Jubilant's long-term growth potential.