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Jubilant Foodworks fair value at Rs 160 plus: Udayan

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Uploaded by on Feb 8, 2010

Jubilant Foodworks will list on the exchanges today and its issue price was at Rs 145 per share. Managing Editor of CNBC-TV18, Udayan Mukherjee says "The prospects look good for the company. For FY11, the company will do Rs 500 crore on sales. The profit after tax would be Rs 50 crore on that sales and EBITDA would be much higher."

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