MARKET EYE-MStanley downgrades India's Jubilant Foodworks

Mon Nov 5, 2012 1:44pm IST

Related Topics

Stocks

   

* Jubilant Foodworks falls 2.1 percent after Morgan
Stanley downgrades the stock to "equal-weight" from
"overweight", following recent out-performance in the shares and
an absence of near-term catalysts.
* The investment bank says the Indian operator of Domino's Pizza
will face increased competition in the delivery business from
Pizza Hut.
* Morgan Stanley also recommends investors book profits given
Jubilant had surged 78 percent as of Friday's close compared
with a 23 percent increase in the broader NSE index.

 (abhishek.vishnoi@thomsonreuters.com)
FILED UNDER:
Photo

After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.

Obama's India Visit

Reuters Showcase

RK Laxman Dead

RK Laxman Dead

'Common Man' cartoonist RK Laxman dead at 93  Full Article 

Nuclear Group

Nuclear Group

China urges India to take steps to satisfy standards of NSG  Full Article 

India’s Male Tenor

India’s Male Tenor

India’s lone male tenor wants to ‘Indianise’ opera  Full Article 

Facebook Outage

Facebook Outage

Hacker group claims it is behind outages at Facebook, other sites  Full Article 

U.S. Blizzard

U.S. Blizzard

`Life-threatening' blizzard shuts down much of U.S. Northeast  Full Article 

Australian Open

Australian Open

Berdych ends Nadal tyranny on day of shocks  Full Article 

Fashionable Modi

Fashionable Modi

When Modi met Obama, his name was all over - his suit  Full Article 

Photo

Auschwitz Anniversary

Last survivors recall Auschwitz, ask if lessons learned  Full Article | Related Story 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage