sell Jubilant Foodworks, goal price Rs 3300: HDFC Securities

HDFC Securities has promote call on Jubilant Foodworks with a target price of Rs 3300. The current market cost of Jubilant Foodworks is Rs 3765.9.

Time length given by means of analyst is 365 days when Jubilant Foodworks Ltd. fee can attain described goal.Jubilant Foodworks Ltd., integrated within the yr 1995, is a large Cap business (having a market cap of Rs 49433.sixty two Crore) working in Tourism & Hospitality sector.

Jubilant Foodworks Ltd. key products/salary Segments encompass Pizza, Others, drinks, desserts, Dips, different working earnings and Others (Traded) for the year ending 31-Mar-2021.

FinancialsFor the quarter ended 30-09-2021, the company mentioned a Consolidated total salary of Rs 1125.64 Crore, up 24.88 % from final quarter complete revenue of Rs 901.35 Crore and up 32.seventy nine % from final yr equal quarter total earnings of Rs 847.68 Crore. business said internet income after tax of Rs 120.05 Crore in latest quarter.

Promoter/FII Holdings Promoters held forty one.94 per cent stake in the enterprise as of 30-Sep-2021, while FIIs owned 41.41 per cent, DIIs 10.87 per cent.

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