Buy Jubilant Foodworks, target Rs 1298: Kunal Bothra

INSUBCONTINENT EXCLUSIVE:
Independent analyst Kunal Bothra has a buy call on Jubilant Foodworks Ltd
with a target price of Rs 1298
The current market price of Jubilant Foodworks Ltd
is Rs 1254.6
Time period given by the analyst is Intra Day when Jubilant Foodworks Ltd
price can reach defined target
Kunal Bothra recommended to keep stoploss at Rs 1244
Jubilant Foodworks Ltd., incorporated in 1995, is a largecap company with a market cap of Rs 16556.84 crore
Jubilant Foodworks Ltd
key Products/Revenue Segments include Pizza which contributed Rs 1887.48 Crore to Sales Value (74.13 % of Total Sales), Others which
contributed Rs 454.29 Crore to Sales Value (17.84 % of Total Sales), Beverages which contributed Rs 100.47 Crore to Sales Value (3.94 % of
Total Sales), Desserts which contributed Rs 67.68 Crore to Sales Value (2.65 % of Total Sales), Dips which contributed Rs 27.26 Crore to
Sales Value (1.07 % of Total Sales), Others (Traded) which contributed Rs 8.35 Crore to Sales Value (0.32 % of Total Sales) and Other
Operating Revenue which contributed Rs .54 Crore to Sales Value (0.02 % of Total Sales)for the year ending 31-Mar-2017
For the quarter ended 30-09-2018, the company has reported a Standalone sales of Rs 881.36 Crore, up 3.08 % from last quarter Sales of Rs
855.06 Crore and up 21.29 % from last year same quarter Sales of Rs 726.64 Crore Company has reported net profit after tax of Rs 77.67 Crore
in latest quarter
Bhartia, Mr.Phiroz Vandrevala, Mr.Pratik Pota, Mr.Shamit Bhartia, Mr.Shyam S Bhartia, Mr.Vishal Marwaha, Ms.Aashti Bhartia, Ms.Ramni Nirula
Company has Deloitte Haskins Sells LLP as its auditoRs As on 30-09-2018, the company has a total of 131,969,040 shares outstanding