Buy Jubilant Foodworks, target price Rs 780: ICICI Securities
ICICI Securities has maintained its buy call on Jubilant Foodworks with a revised target price of Rs 780 (earlier Rs 700). The current market price of Jubilant Foodworks Ltd. is Rs 663.3. Jubilant Foodworks, incorporated in 1995, is a Large Cap company with a market cap of Rs 43655.36 crore, operating in Tourism & Hospitality sector.
Jubilant Foodworks’ key products/revenue segments include Beverages, Other Operating Revenue for the year ending 31-Mar-2024.
Financials
For the quarter ended 31-12-2024, the company has reported a Consolidated Total Income of Rs 2168.09 crore, up 9.23% from last quarter Total Income of Rs 1984.93 crore and up 56.85% from last year same quarter Total Income of Rs 1382.27 crore. The company has reported…