Speciality Restaurants Ltd
SPECIALITY

92.10

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Turnover (lac)
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Day's Vol.(shares)

91.25

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Turnover (lac)
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Accumulate
Reco. Price
Rs 91.90
We recommend ACCUMULATE as focus on QSR format restaurants will offset the declining revenue growth in Mainland China. Additionally, closure of loss-making outlets and their subsequent revamps are expected to improve EBITDA margins. The stock is trading at FY18E EV/ EBITDA of 16.x. (Target Price – Rs.99.2)
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50 DMA (.)
81.52
100 DMA (.)
78.22
200 DMA (.)
82.69
Weekly Range (.)
88.50
93.70
Monthly Range (.)
80.30
95.60
52 Weeks Range (.)
59.50
103.00
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