This Midcap Stok Grew 200% In 5 Years, Shares Can Give 31 % Returns, Brokerage Assigns Buy
Jubilant FoodWorks Limited's stock for a target price of Rs 610 apiece.
According to the given target price, if you buy the stock at the current market price, it would likely give you a return of up to 31%.
It is a mid cap Food Services Sector stock that operates in the restaurant and QSR industry having a market cap of Rs 33,949.04 crore.
The stock's current market price is Rs 514.50 apiece on NSE.
The stock's recorded 52- week low on NSE is Rs 451.20 apiece, and the recorded 52- week high is Rs 806.40 apiece, respectively.
In the past 1 year, the stock has given 26 .66 % negative returns, whereas, in 3 years, it gave 58 .11 % positive returns.
The stock has given a maximum 200 .92% multibagger return.
Risk- reward favourable as headwinds priced in, Buy for 610 target price
JUBI cut our FY23/ FY24/ FY 25 EPS estimates by 9 .0% for 38 xFY 25 EPS.
Disclaimer
The stock has been picked from the brokerage report of Prabhudas Lilladher.
Greynium Information Technologies, the Author, and the respective Brokerage house are not liable for any losses caused as a result of decisions based on the article.
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By Shubham Kumar Goodreturns source: goodreturns.in Dailyhunt