Speciality Restaurants Ltd
SPECIALITY

74.55

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74.10

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Accumulate
Reco. Price
Rs 77.00

Last updated on 05-Dec-2016

We recommend an ACCUMULATE as focus on QSR format restaurants will offset the declining revenue growth in Mainland China. Additionally, compact size kitchen areas and closure of loss making outlets will boost margins. The stock is currently trading at FY17E EV/ EBITDA of 12.6x. (Target Price – Rs.82.3)
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50 DMA (.)
83.94
100 DMA (.)
86.70
200 DMA (.)
88.05
Weekly Range (.)
73.20
79.00
Monthly Range (.)
72.10
88.00
52 Weeks Range (.)
72.10
144.85
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