Huge Breakout Seen in Jubilant Foodworks Ltd || Now it will fly.

Updated
Jubilant FoodWorks Limited (JFL/Company) is part of the Jubilant Bhartia Group and is one of the India’s largest food service Company. The Company holds the master franchise rights for two international brands, Domino’s Pizza and Dunkin' Donuts addressing two different food market segments. The Company also launched its first homegrown brand – Hong’s Kitchen in Chinese cuisine segment.

Market Cap
₹ 34,124 Cr.
Current Price
₹ 517
High / Low
₹ 652 / 412
Stock P/E
127
Book Value
₹ 30.9
Dividend Yield
0.23 %
ROCE
16.0 %
ROE
17.7 %
Face Value
₹ 2.00
Debt
₹ 2,554 Cr.
EPS
₹ 4.08
PEG Ratio
10.3
Promoter holding
41.9 %
Intrinsic Value
₹ 93.4
Pledged percentage
0.63 %
EVEBITDA
32.6


Jubilant Food works Ltd stock was in Accumulation zone since Mid of January. Earlier we have seen stock has corrected almost 50%. But now it has given a indication that it is ready to fly in blue sky. Now sky is the only limit for this. Off course there is many hurdles in between but as this is kind of investment stock then you should not worry about. All parameters looks promising for this ticker.

Some Positive Technical Factor about this Ticker:-

Price is above 200 EMA
We have seen Accumulation zone breakout
Good Volume
Price is sustaining above breakout trendline
MACD and RSI has given bullish crossover (I have not placed as i want chart neat and clean but i have analysed already)


Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.

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Note
Price has come to retest the levels, this is even better entry point for this ticker.

snapshot
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