<ul data-eligibleForWebStory="false"><li>Jubilant FoodWorks Ltd.'s share price fell by 3.05% despite a strong first-quarter business update with a consolidated revenue from operations of Rs 2,261 crore, a 17% year-on-year increase, and the addition of 73 new stores.</li><li>Domino's India, a crucial segment for Jubilant FoodWorks, saw an 11.6% like-for-like growth, while Domino's Turkey experienced a 2.2% decline in LFL growth.</li><li>Analysts at Morgan Stanley maintained an 'overweight' rating on Jubilant FoodWorks, with a target price of Rs 781, highlighting that the Q1 results were in line with expectations.</li><li>The share price of Jubilant FoodWorks dropped to Rs 688.50 before recovering slightly to trade at Rs 698 apiece, compared to the flat NSE Nifty 50 Index. Analyst consensus suggests an upside potential of 22.1%.</li></ul>

Jubilant FoodWorks Share Price Drops After Domino's Turkey Disappoints In Q1 Update

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