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Here’s what market expert Rahul Arora has to say on QSR space

Updated : December 17, 2020 04:40:16 IST

“If I had to be a buyer, if I had to put my pecking order in QSRs today, Westlife Development would clearly be number one even for me today, followed by Jubilant FoodWorks at number two and Burger King would be at last on that list,” said Rahul Arora, CEO of Nirmal Bang Instl Equities.

He said, “Investors need to be very careful by not getting sucked in all of these. The two listed franchises Jubilant and Westlife have done phenomenally well over the years, but to discount so much, I cannot even justify a Burger King at Rs 220 discounting FY25-26 numbers, I think the stock will consolidated where it is at right now, or probably go lower.”

Arora said, “I would actually advise to switch into staples from here, maybe even electricals; buy Lever, buy V Guard Industries, buy Crompton Greaves Consumer, but Burger King is ruled out, there is nowhere I am touching that company.”

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