Jubilant FoodWorks TP slashed to Rs 600 as Domino's price hikes pressure margins
Brokerages reset consumer plays: Jubilant target cut from Rs 850 to Rs 600 amid Domino's ~1.2% price hike risk; Lenskart pegged at Rs 576-600 on 25% Q4 volume growth; Birla Opus crosses 10% paints share, threatening incumbents; Grasim TP held at Rs 3,600.
What happened
Brokerages issued fresh calls on Indian consumer names: Jubilant FoodWorks faces near-term margin headwinds with Domino's price hikes; Lenskart delivered strong
Key facts
- Jubilant TP cut to Rs 600 from Rs 850
- Domino's ~1.2% price hike
- Lenskart TP Rs 576-600
- Birla Opus 10% paints market share
- Grasim TP Rs 3,600
- AB Capital Rs 4,000 cr equity raise
Why this matters
Birla Opus crossing 10% paints share in under two years validates aggressive category entry economics and should reframe build-vs-buy math for adjacencies where incumbents look structurally vulnerable.