BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
HSBC initiates Jubilant FoodWorks with buy
Jubilant is a bellwether Indian quick service restaurant (QSR) stock. It is on an aggressive expansion & investment drive. Revival in same-store growth should help. The company is likely to regain earnings momentum from FY16.