Reports By Brokerage: Bonanza
Jubilant Foodworks Limited is a hot pick with 41% upside potential: Bonanza | |
Company: | Jubilant Foodworks |
Brokerage: | Bonanza |
Date of report: | October 4, 2022 |
Type of Report: | Initiating Coverage |
Recommendation: | Buy |
Upside Potential: | 41% |
Summary: | Strong cost control and management focus on aggressive store additions along with thrust on digital & tech initiatives were key positives providing strong growth outlook. The resultant robust performance in Q1 FY23 led by strong Revenue growth, recovery in LFL growth and positive expectations from the new brands portfolio makes JFL a hot pick. |
Full Report: | Click here to view full post with link to download pdf file |
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