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Add Jubilant Foodworks, target price Rs 690: HDFC Securities

economictimes.indiatimes.com 06-01-2025 04:21 0.5 Minutes reading
HDFC Securities recommends an add call on Jubilant Foodworks with a Rs 690 target price, up from its current Rs 764.05. The pizza category faces competition and pricing challenges, but expected innovations and cost optimization could drive growth. Jubilant Foodworks, with a market cap of Rs 50323.09 crore, shows strong potential for financial recovery in FY25.

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