Jubilant Foodworks Q1 Results: Domino’s India operator beats St view with 63% YoY surge in profit at Rs 91 crore on strong delivery demand

Jubilant Foodworks Q1 Results: Domino’s India operator beats St view with 63% YoY surge in profit at Rs 91 crore on strong delivery demand

Domino’s India operator Jubilant Foodworks beat first-quarter profit estimates by a wide margin on Wednesday as lower-priced menu items and free deliveries bolstered demand even as other fast-food franchisees struggled. The company reported profit of 917.6 million rupees ($10.49 million) for the quarter ended June 30, compared to a year ago profit of 558 million … Read more

Positive Breakout: These 6 stocks close cross above their 200 DMA – Uptrend Alert

Positive Breakout: These 6 stocks close cross above their 200 DMA – Uptrend Alert

In the Nifty200 pack, six stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on June 4, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day … Read more

India-Pakistan conflict: Indian QSR stock with Turkey operations in crossfire amid boycott calls and diplomatic strain

India-Pakistan conflict: Indian QSR stock with Turkey operations in crossfire amid boycott calls and diplomatic strain

Jubilant FoodWorks finds itself caught in the crossfire of escalating tensions between India and Pakistan, amid growing calls for a boycott of Türkiye following the country’s implicit support for Pakistan in the ongoing conflict. The company had acquired DP Eurasia, the master franchisee of Domino’s Pizza in Turkey, Azerbaijan, and Georgia, in early 2024. There … Read more

DMart, Trent, HUL among top UBS picks as brokerage bets on consumer sector rebound in FY26

DMart, Trent, HUL among top UBS picks as brokerage bets on consumer sector rebound in FY26

UBS has turned bullish on India’s consumer sector, projecting 13% earnings growth for FY26 and naming Avenue Supermarts, Trent, and Hindustan Unilever as its top stock picks. The brokerage upgraded multiple stocks in the space, betting on a rebound in demand, easing input cost pressures, and income stimulus from tax cuts and the forthcoming Eighth … Read more

Hot stocks: Brokerage view on Jubilant Foodworks, Trent, Grasim, Honasa and Siemens

Hot stocks: Brokerage view on Jubilant Foodworks, Trent, Grasim, Honasa and Siemens

Brokerage firm CLSA has an underperform rating on Jubilant Foodworks while Jeffries has a hold and buy view on Trent and Honasa respectively. Citi has a buy view on Grasim and Kotak Equities has a sell rating on Siemens. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: … Read more

Hot Stocks: Brokerage view on ITC, Godrej Consumer, Jubilant FoodWorks and Bajaj Finance

Hot Stocks: Brokerage view on ITC, Godrej Consumer, Jubilant FoodWorks and Bajaj Finance

Brokerage firm CLSA has a buy rating on ITC, Nomura recommended a buy call on Bajaj Finance, CLSA maintained a sell rating on Jubilant FoodWorks and Macquarie has a neutral rating on Godrej Consumer. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Nomura on NBFCs: Bajaj Finance, … Read more

Hot Stocks: Brokerages’ view on Bajaj Finance, Jubilant FoodWorks, ONGC and KNR Construction

Hot Stocks: Brokerages’ view on Bajaj Finance, Jubilant FoodWorks, ONGC and KNR Construction

Brokerage firm Morgan Stanley has an equal-weight rating on Jubilant FoodWorks while Elara Securities recommends an Accumulate rating on ONGC. Also, Axis Securities retained its buy rating on KNR Construction and Bajaj Finance. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Morgan Stanley on Jubilant FoodWorks: Equal-Weight| … Read more

Hot Stocks: Brokerages view on Jubilant FoodWorks, Axis Bank, Tech Mahindra and Sona BLW

Hot Stocks: Brokerages view on Jubilant FoodWorks, Axis Bank, Tech Mahindra and Sona BLW

Brokerage firm Jefferies maintained a hold rating on Jubilant FoodWorks while Macquarie recommended a neutral stance on Axis Bank. Jefferies recommended an underperform rating on Tech Mahindra and Motilal Oswal recommended a neutral rating on Sona BLW Precision Forging. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: … Read more

Stocks to buy today: Top 3 short-term trading ideas for 14 August 2023

Stocks to buy today: Top 3 short-term trading ideas for 14 August 2023

The Indian market is expected to consolidate on Monday tracking mixed global cues. The S&P BSE Sensex fell over 300 points while the Nifty50 closed below 19,500 levels on Friday. India VIX was up 1.07% from 11.40 to 11.52 levels in the previous trading session. Volatility inched higher and caused some discomfort to the bulls. … Read more