JUBILANT FOODWORKS; STOCK PRICE ALERT

JUBILANT FOODWORKS surged more than 6% in trade today touching its 52 wk high both on BSE and NSE before closing a tad lower at 1003 on NSE. However retail investors with a long term horizon should be wary of entering at these levels. The Delivery Volumes for todays trade in the Scrip on NSE were only 16% of Total Traded Quantity indicating speculative Trader froth in the scrip.

I reiterate that the fair value of the Scrip is around 680 and best entry price range commences 780 downwards as detailed in the earlier Post.