Should Investors Start Focusing On QSR STOCKS, Or Space Is Still Expensive? Jubilant Food | Devyani

The Quick Service Restaurant (QSR) sector is seeing renewed interest, with Jubilant FoodWorks surging 10% in the last five trading sessions. Dharmesh Kant, Head of Equity Research at Cholamandalam Securities, notes that in Q3, many companies have reported increased competition from local players. He observes a recent trend of increased trading activity in undervalued stocks within the QSR and chemical sectors. Dharmesh Kant suggests that these stocks are currently favoured for trading rather than long-term investment, cautioning that rising consumer health concerns could impede the growth of QSR companies. Additionally, he highlights the expensive valuations within the QSR space.