Is Jubilant FoodWorks Limited Still a buy?

Jubilant FoodWorks’ Q2 results were better than expected. Even though profits fell by 2.2% YoY on account of one-time provisioning for investments, operating revenues grew by 12.1% YoY and EBITDA margins were higher by 50 basis points. The biggest winning point was the same-store sales growth which stood at 4.9% on an already higher base. […]

Is Bajaj Chetak the “electric spark” that stock needs?

Bajaj Auto Ltd, India’s second-largest motorcycle manufacturer, today announced the launch of its electric scooter — Chetak. This will be Chetak’s second innings in the scooter segment, almost after a decade’s gap. Bajaj stopped manufacturing traditional scooters around 2009 in order to focus on motorcycles and it has been working on this electric scooter for over […]

How has India scored in the Global Game of Equities?

Who’s stars are shining brightest this year? After the historic announcement of corporate tax cuts, India’s ranking in top-performing markets saw a massive bump. Below table lists out the equity market performance of various countries in last 1 year, 5 years, and 10 years. It shows the actual return of various markets in their respective […]

What’s brewing in Alcohol Industry?

India’s alcohol industry is believed to be worth $35 billion, being third largest in the world. There have been several structural changes in the society which is driving the demand of booze. Indians drink on an average around 5.9 litres per year as compared to global average of 6.5 litres per year. Some of them […]