Elara Capital’s Karan Taurani suggests a tactical approach to Jubilant due to unexciting QSR sector growth. DMart’s mixed Q1 results reveal concerns over same-store sales growth due to quick commerce pressure. While store additions are on track, profitability faces challenges from discounting. Platform companies and select QSRs like Sapphire Foods are favored.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets