US-Iran war CJP protest in Delhi US-Saudi nuclear deal Wildfires in Europe El Nino

Deutsche raises target price of Jubilant Foodworks; stock up 3%

Deutsche Bank raised its target price on Jubilant FoodWorks to Rs 1,300 from Rs 1,260, saying it continues to "believe in the long term story and strong runway to growth."

FP Archives|Dec 21, 2014, 01:57:10 IST

Mumbai: Deutsche Bank raised its target price on Jubilant FoodWorks to Rs 1,300 from Rs 1,260, saying it continues to "believe in the long term story and strong runway to growth."

[caption id="attachment_662641" align="alignleft" width="380"] Reuters

Jubilant shares gained 3 percent to Rs 1299.00.Reuters[/caption]

However, Deutsche cited four key drivers for Jubilant's stock price in the short term: guidance on same store sales growth, guidance on new store openings, guidance on dividends and guidance on losses from the Indian franchise of Dunkin' Donuts.

Jubilant shares gained 3 percent to Rs 1299.00.

Reuters

BCCI earned more than Rs 2,400 crore in IPL 2022, reveal documents

Annual reports for the five years to 2021-22, published on the BCCI website Thursday, showed the board had amassed a surplus of Rs 320 billion ($2.7 billion) as of April 2022. That year’s edition of the IPL saw a net income of $292 million.

Eight Russian judokas barred from world championships after Ukraine boycott

The Russian judokas were barred following Ukraine's boycott over the presence of Russian athletes it argued were active soldiers.

Old video of Donald Trump listening to Taylor Swift’s ‘Blank Space’ takes over internet; watch

Back in 2012, Donald Trump, taking to his Twitter termed Taylor Swift “terrific” after the American singer was named the co-host for the Grammy nominations special.

SA20: Ex-New Zealand all-rounder Jacob Oram appointed MI Cape Town bowling coach

Oram, who represented the Black Caps in 33 Tests, 160 ODIs and 36 T20Is, has also played in the Indian Premier League where he represented the Mumbai Indians in his final season.

FIFA World Cup: Morgan Freeman, Jung Kook headline day one before Ecuador defeats hosts Qatar

A glittering opening ceremony was highlighted by the presence of Hollywood actor Morgan Freeman and Korean singer Jung Kook.

Up Next