Jubilant FoodWorks dips 5% post Q2, but brokerages remain firm; here's why
Shares of Jubilant FoodWorks, the operator of Domino's and Popeyes, dropped about 5 per cent on Monday, extending a two-day slide after its September quarter numbers. Brokerages largely kept their forecasts because results matched expectations. Consolidated revenue rose 11.8 per cent to ₹2,607.88 crore, and the chain added 99 net stores, reaching 2,728. Management plans 300 openings a year.
