ICC World Cup 2019 Stock: Is Jubilant FoodWorks Bhuvneshwar Kumar of the Stock Market
Like Bhuvneshwar Kumar, Jubilant FoodWorks is favourite of both bulls and bear. Like Kumar the Jubilant shares are dependable as they are a consumer-oriented company.
ICC World Cup has begun today in England and so does the perspective of people from various fraternities including stock market experts. In this line, the Zee Business TV has presented the correlation with some stocks and the major cricketers of Team India. They have said that Jubilant FoodWorks shares are like Indian fast bowler Bhuvneshwar Kumar.
See Zee Business Tweet below:
— Zee Business (@ZeeBusiness) May 30, 2019
Elaborating upon the reason for dubbing Jubilant FoodWorks stocks with Bhuvneshwar Kumar Zee Business TV research team gave these three reasons:
1] Bhuvneshwar Kumar can bowl both in-swingers and out-swingers and like him Jubilant FoodWorks do performs better both during bull and bear run at Dalal Street;
2] Like Bhuvneshwar Kumar the Jubilant FoodWorks shares are dependable as they are a consumer-oriented company, which is cautious about its margins; and
3] Bhuvneshwar Kumar recovers in death overs if he has gone for runs in early spell and in similar fashion Jubilant FoodWorks is focussed on minimising its loss-making ventures.
So, as per the stock market experts at Zee Business TV these are the top three reasons that make Jubilant FoodWorks shares as Bhuvneshwar Kumar of the stock market.