Jubilant food, leading in QSR and delivery business of Dominos. Stock can be seen falling from 650 levels and seen lot of correction.
Stock was falling due to increase in raw material prices and margin pressure.
Now sooner or later prices will come down and pass on to customer.
Company has also announced capex and also launching new flavors and products.
Stock is in buy mode and also has formed good base. Stock can rally towards 600-800-900 due to World cup and upcoming festival Season.
Company hasa good fundmentals.
Stock was falling due to increase in raw material prices and margin pressure.
Now sooner or later prices will come down and pass on to customer.
Company has also announced capex and also launching new flavors and products.
Stock is in buy mode and also has formed good base. Stock can rally towards 600-800-900 due to World cup and upcoming festival Season.
Company hasa good fundmentals.