Stock Upgrades: CLSA says a 30% fall in two QSR names prices in near-term concerns
Published on 30/01/2026 07:29 AM
Stock Upgrades: CLSA says a 30% fall in two QSR names prices in near-term concernsBoth stocks have seen sharp underperformance over the past year, with Jubilant and Westlife down 29% and 33%, respectively.By Meghna Sen January 30, 2026, 7:29:16 AM IST (Published)1 Min ReadBrokerage firm CLSA has upgraded Jubilant FoodWorks to 'Hold' from 'Underperform', assigning a price target of ₹477 per share. The brokerage has also raised its rating on Westlife Foodworld to 'Hold' from 'Underperform', with a target price of ₹500.
Both stocks have seen sharp underperformance over the past year, with Jubilant and Westlife down 29% and 33%, respectively.
CLSA said it remains cautious on near-term sales per store growth for Jubilant, citing a tough base and elevated competitive intensity.
However, it believes the expected slowdown in sales per store growth is now largely priced into the stock.
In the case of Westlife Foodworld, CLSA mentioned that the stock is trading at a 22% discount to its long term average EV/Ebitda multiple.
According to the brokerage, current valuations already factor in higher competitive intensity in the burger segment.
Shares of Jubilant FoodWorks ended Thursday's session 1.09% lower at ₹488.25, while Westlife Foodworld closed 2.71% lower at ₹480.90.Continue ReadingNote To ReadersDisclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.TagsJubilant Foodworksshare market todayWestlife Foodworld