Buy Jubilant Foodworks, target Rs 2,220: Sagar Doshi

Sagar Doshi of Edelweiss Financial Services has a buy call on Jubilant Foodworks with a target price of Rs 2,220.

The current market price of Jubilant Foodworks is Rs 2,119.95.

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

Sagar Doshi recommended keeping a stop loss at Rs 2,090.


Jubilant Foodworks, incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 13,988.39 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.

Company has Deloitte Haskins & Sells LLP as its auditors.

As on 31-12-2017, the company has a total of 65,984,520 shares outstanding.