{
}
Goldman Sachs identifies McDonald's and KFC operators as top picks in the quick service restaurant sector, despite anticipated demand slowdown in Q4 fiscal 2025. Recovery is expected in H1 fiscal 2026, with KFC franchisees Sapphire Foods and Devyani International highlighted for their growth potential in India. Westlife FoodWorld, managing McDonald's in southern and western India, also received a 'buy' rating, while Jubilant FoodWorks, operator of Domino's, was rated 'neutral'.
Goldman Sachs has downgraded CreditAccess to a 'Sell' rating with a target price of ₹564 per share, citing concerns over earnings visibility and asset quality amid rising borrower indebtedness. Morgan Stanley maintains an 'Overweight' rating on Reliance Industries, targeting ₹1,662 per share, highlighting its strategic acquisition in U.S. helium operations and focus on low carbon solutions. Bernstein has an 'Outperform' rating for Jubilant Food, setting a target of ₹700 per share, emphasizing the need for significant growth in its Turkey business and expansion of Domino's stores in India to achieve an ₹80,000 crore market cap by FY30.
Jubilant FoodWorks reported a 9% YoY sales growth to INR 14.7 billion, driven by a 20% increase in orders, although dine-in revenue fell 6%. The delivery segment thrived, now comprising 70% of revenue, while the company expanded its store presence. Despite a slight decline in gross margins and a significant drop in EBITDA margins due to increased investments, the outlook remains cautious with a Neutral rating and a target price of INR 625.
Jubilant FoodWorks Limited
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
goldman sachs highlights top qsr picks amid expected recovery in 2026
Sapphire Foods India Limited
Westlife Foodworld Limited
Jubilant FoodWorks Limited
Devyani International Limited
IND
Goldman Sachs
Show more
02:52 01.04.2025
goldman sachs downgrades creditaccess as healthcare outlook remains positive
United States Dollar
Reliance Industries Ltd
Jubilant FoodWorks Limited
CreditAccess Grameen Limited
IND
Show more
03:31 29.11.2024
jubilant foodworks reports modest growth amid delivery demand shift
07:20 13.11.2024
Trending
Subcategory
Corporate News
Industry Trends
Startups & Entrepreneurship
Global Trade Developments
Government Economic Policies
Supply Chain Management
Retail and Consumer Goods
Industry Mergers & Acquisitions
Stock Market Updates
Venture Capital Investments
Global Financial Events
Energy Sector Developments
Finance Mergers & Acquisitions
Central Bank Actions
Cryptocurrency & Blockchain Regulations
Emerging Startups
Inflation and Monetary Impact
Private Equity Deals
Funding Rounds & Investments
Market Analysis and Predictions
Countries:
Companies:
Apple Inc.
NVIDIA Corporation
Google Inc.
Dell Technologies Inc.
Samsung Securities Co.,Ltd.
Learning Resources Inc.
MGA Entertainment Inc.
XPeng Inc.
Toyota Motor Corp
State Street Global Advisors Luxembourg SICAV - SSGA EMU ESG Screened Equity Fund
European Union Bonds
Taiwan Semiconductor Manufacturing Company Limited
Microsoft Corporation
Verizon Communications Inc.
SLB 4,6% 01JUN25
Equinor Ventures AS
Quanta Services, Inc.
Gold Circuit Electronics Ltd.
Unimicron Technology Corp.
Yatra Online, Inc.
Currencies:
United States Dollar
Indian Rupee
Chinese Yuan
Euro
Japanese Yen
Australian Dollar
United Arab Emirates Dirham
British Pound Sterling
New Taiwan Dollar
New Zealand Dollar
Vietnamese Đồng
South Korean Won
Egyptian Pound
Thai Baht
Saudi Riyal
Indonesian Rupiah
South African Rand
Malaysian Ringgit
Singapore Dollar
Lebanese Pound
People: