Jubilant FoodWorks Ltd is an Indian multinational fast food company that operates Domino's Pizza and Dunkin' Donuts restaurants across India. It opened India's first Domino's outlet in 1996 and the first Dunkin' Donuts outlet in 2012. The company has experienced rapid expansion, opening 47 new restaurants in the first quarter of 2014 and 150 outlets in 2013-2014. Technical analysis of Jubilant FoodWorks Ltd stock indicates it has formed a bullish pattern and could reach 1820 levels if 1525 support is maintained.

1. Jubilant FoodWorks Ltd.
 The company was incorporated on 26 March 1995 as Domino's Pizza India Private Ltd and began operations
in 1996. It changed its name to Jubilant FoodWorks Ltd in 2009. The company opened India's first Domino's
Pizza outlet in New Delhi in 1996.
 The company opened the first Dunkin' Donuts outlet in Delhi in April 2012. Jubilant FoodWorks operates 29
Dunkin' Donuts outlets in 10 cities as of May 2014. Apart from donuts, Munchkins, and coffee, the chain also
serves vegetarian and non-vegetarian hot and cold food.
 On 24 February 2011, Jubilant FoodWorks signed a master franchise agreement with American coffeehouse
chain Dunkin' Donuts to operate the brand in India. Jubilant FoodWorks opened India's first Dunkin' Donuts
outlet in Connaught Place, New Delhi in April 2012. Jubilant FoodWorks was named "Emerging Food Group of
the Year" by The Economic Times in 2012.
 The company opened 47 new restaurants between January–March 2014 and 150 outlets in the 2013–2014
financial year.
 Technical Outlook
 On daily chart, the stock has completed a “Bullish Crab harmonic” pattern at1478 levels the coordinates of
which are as follows:
 Technical Parameter: XA of the leg from 1652 to 1984, AB of the leg completed at 1752.20 (i.e.61.8% of XA
leg.), BC of the leg completed at 1948 (i.e. near 88.6% of AB leg), CD of the leg completed at 1478 levels. (i.e.
161.8% of XA and 224% of BC leg).
 It can be observed that prices have been trading in rising channel formation where prices have taken support
near it’s lower band which suggest prices to move higher to test it’s upper band.
 Apart from this, stock has been trading with the support of 1558 level which is 38.20% Fibonacci retracement
level of its previous up move from 937 to 1959 levels.
 Stock has also managed to close above its strong support of 50 WMA (which placed at 1560 level), which
shows that medium to long term trend is up and could further accelerate its upside momentum.
 On daily chart, MACD has crossed signal line towards upside which gives positive confirmation.
 Based on the mentioned technical setup, we expect the stock could reach towards 1820 levels in few trading
sessions as long as 1525 levels are protected on downside on closing basis.
Company JUBLFOOD
Recommendation Buy
Sector : CONSUMER FOOD
CMP :
1613 & Buy Up to
1595
Price Potential : 1820
Stop Loss (Closing Basis): 1525
Mkt Cap (Rs. Cr.): 10,587
TTM EPS (Rs.) 16.92
TTM Sales (Rs. Cr.) 2,093
BVPS (Rs.) 98.44
Reserves (Rs. Cr.) 580
P/BV 16.39
PE 95.31
Bloomberg Code : JUBI:IN
Reuters Code : JUBI:NS
TW = Twelve Months
TTM= Trailing 12 months
SEBI Registered – Research Analyst Equities I Commodities I Currencies I Mutual Funds
Pick of the Week: Jubilant Food Works Ltd.
26th Sept, 2015
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2. Pick of the Week: Jubilant Food Works Ltd.
26th Sept, 2015
SEBI Certified – Research Analyst Equities I Commodities I Currencies I Mutual FundsSEBI Registered – Research Analyst Equities I Commodities I Currencies I Mutual Funds
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