ResultsBusiness Today
CLSA cuts Jubilant FoodWorks target price after Q2 results
Negative-27Company event
GreyOak summary
CLSA lowered Jubilant FoodWorks' target price to Rs 550 following Q2 FY27 results, causing shares to drop 5%. While the company reported resilient margins and 11.5% sales growth, the brokerage cited higher depreciation and finance costs for the valuation cut. Management maintains its FY27 LFL growth guidance of 5-7%.
What it affects
- Jubilant FoodworksJUBLFOODNegative -27
Stock fell 5% after CLSA cut target priceRolling sentiment Neutral +2
Source
Read the original at Business TodayMore Jubilant Foodworks news
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