Have a negative bias on Jubilant Foodworks: Prashasta Seth, IIFL Wealth

We have a negative bias on Jubilant because we believe that the domestic demand is going to slow down.

| Updated: Jun 14, 2013, 11.53 AM IST

In a chat with ET Now, Prashasta Seth, Senior Fund Manager, IIFL Wealth, shares his views on Jubilant Foodworks Ltd.

ET Now: What did you make of the late sell-off that we saw in Jubilant Foodworks?

Prashasta Seth: We have a negative bias on Jubilant Foodworks because we believe that the domestic consumption demand is going to slow down. So, it is a combination of both.

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