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Morgan Stanley downgrades Jubilant FoodWorks to equal-weight

05 Nov 2012 Evaluate

Morgan Stanley has downgraded Jubilant FoodWorks, India’s largest and fastest growing food service company to equal-weight from overweight. As the investment bank foresees the Indian operator of Domino's Pizza to face increased competition in the delivery business from Pizza Hut.

Jubilant FoodWorks is the master franchisee of Dominos Pizza Overseas Franchising, Netherland, for India, Nepal, Bangladesh and Sri Lanka

Peers
Company Name CMP
Nestle India 1321.05
Varun Beverages 440.65
Britannia Industries 4783.80
LT Foods 417.85
Hatsun Agro Product 1147.50
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