Buy Jubilant Foodworks, target Rs 1,635: Dr CK Narayan

Buy Jubilant Foodworks Ltd. at a price target of Rs 1635.0 and a stop loss at Rs 1595 from entry point.

Dr CK Narayan of Chart Advise has a buy call on Jubilant Foodworks with a target price of Rs 1,635.

The current market price of Jubilant Foodworks is Rs 1,609.80.

Time period given by the analyst is intraday when Jubilant Foodworks price can reach defined target.

Dr CK Narayan recommended to keep a stop loss at Rs 1,595.

Jubilant Foodworks, incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 10,621.95 Crore) operating in Food Processing sector.

The company’s top management includes Mr.Arun Seth, Mr.Berjis Minoo Desai, Mr.Hari S Bhartia, Mr.Phiroz Vandrevala, Mr.Pratik Pota, Mr.Shamit Bhartia, Mr.Shyam S Bhartia, Mr.Vishal Marwaha, Ms.Aashti Bhartia, Ms.Ramni Nirula.
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Company has Deloitte Haskins & Sells LLP as its auditors.

As on 30-09-2017, the company has a total of 65,983,020 shares outstanding.
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