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Jubilant FoodWorks advances 5%, hits a fresh record high

In past one month, the stock has gained 25 per cent against a 1.2 per cent rise in the S&P BSE Sensex.

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Jubilant FoodWorks  | Buzzing stocks

SI Reporter  |  Mumbai 



Analysts at Spark Capital expect Jubilant to gain share from both the organised and unorganised players in the Indian food service industry backed by a solid franchise and entrenched brand equity.
Jubilant FoodWorks has the best financial metrics amongst the quick service restaurants (QSRs), say analysts at Emkay Global Financial Services.

Shares of hit a fresh record high of Rs 2,377, up 5 per cent on the BSE in intra-day trade on Friday in an otherwise subdued market. The stock surpassed its previous high of Rs 2,310 touched on September 3, 2020. In the past month, it has gained 25 per cent against a 1.2 per cent rise in the S&P BSE Sensex.

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First Published: Fri, September 11 2020. 10:40 IST

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