BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Bank of America Merrill Lynch
|Target Hit|| Long (1Y)
Bank of America Merrill Lynch maintains buy on Jubilant FoodWorks
Concerns of growth are overdone. Channel checks suggest better demand in September quarter. Dunkin' Donuts has seen promising response in new stores and concerns of cannibalization are overdone. Focus on reach/menu innovation will continue to drive growth.