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Image Credit: Bloomberg Quint

Domino's Pizza Operator Jubilant FoodWorks Share Price Falls Despite Q4 Revenue Growth, Stores Addition

  • Jubilant FoodWorks reports a 33.9% YoY rise in Q4 revenue, driven by 12.1% like-for-like growth in Domino’s India.
  • Jubilant FoodWorks adds 56 new stores in Q4, taking the total store count to 3,316 across geographies.
  • Morgan Stanley retains an 'overweight' rating with a price target of Rs 781 per share, while Goldman Sachs maintains a 'neutral' stance with a price target of Rs 700.
  • Jubilant FoodWorks' stock falls 1.8% despite revenue growth, trading lower at Rs 671.40 apiece on the NSE.

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