Jubilant Foodworks Q2 FY 20 Financial Highlight
Result Analysis:
• Revenue up by 12% at 99805 Cr (YOY)
• Net profit down by 3% at 7298 Cr (YOY)
• EBITDA increased by 60% at 25141 Cr (YOY)
• EBITDA margin at 25.19% Vs 17.68% (YOY)
View: Company has reported a mixed set of numbers.
Technical view- Stock is trading in a range. Hurdle around 1450, breaks and close above 1450 will see upside movement till 1520 --- 1550 +++ levels in days to come. Support around 1280, breaks and close below 1280 will take it to 1100 --- 1050 levels in days to come.