Overweight Jubilant Foodworks Ltd., target Rs 1450.0 : Morgan Stanley

Morgan Stanley expects the stock to react negatively to the news of the CEO stepping down.

Morgan Stanley has Overweight call on Jubilant Foodworks Ltd. with a target price of Rs 1450.0. The current market price of Jubilant Foodworks Ltd. is 942.4. Time period given by analyst is year, when Jubilant Foodworks Ltd. price can reach defined target. Morgan Stanley expects the stock to react negatively to the news of the CEO stepping down. Kaul was widely perceived as an architect of strong supply chain and operational excellence. A strong supply chain is basis of Domino's 30mins or free guaranteed home delivery
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