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Watch this stock for signals of Indias consumption revival

September 11, 2019 11:22


For equity investors seeking early signs of any revival among India's consumers, here is a stock to watch: the distributor of Domino's Pizza and Dunkin' Donuts in the country.


Jubilant Foodworks Ltd., the nation's biggest fast food stock and a bellwether for discretionary consumption, has seen its shares shed almost a quarter of their value from a record high about a year ago as Indians cut back on spending. But some analysts are seeing light at the end of the tunnel. Read the report here

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