Jubilant FoodWorks Ltd

Closing Bell: Broader markets bled more than benchmarks with the BSE Midcap and Smallcap indices falling up to 0.7 per cent

The Ebitda margins are expected to remain in the 24-25 per cent this fiscal and the acquisition of 40 per cent stake in Roadcast Tech Solutions will help improve efficiencies in delivery

There has been a brisk rally in these stocks, despite a weakness in the broader market

Jubilant Food Works (JFL) would have Golden Harvest's 49 per cent stake in the JV, making JGHL a wholly-owned subsidiary, the company said in a regulatory filing

In the past three months, the stock has underperformed the market falling 35 per cent as against a 4.4 per cent decline on the S&P BSE Sensex.

Operating revenue more than doubles to Rs 879 crore

In the past one month alone, these stocks have slipped up to 24 per cent. PVR and Inox Leisure top the losers list with a drop of 24 and 23 per cent, respectively.

During the quarter, the company said it accelerated its store opening momentum by opening 47 stores -- 44 for Domino's Pizza, two for Dunkin' Donuts and one for Hong's Kitchen

Aggressive store expansion plans indicate firm's confidence for the longer term

A steep cut in the sales tax rate applicable for restaurants, an increase in menu prices and a revival in consumer sentiment have all led to buoyant sales and profit forecasts for the company

He will oversee QSR investments of F&B Asia that owns and operates several marquee brands.

The company said though it has improved the pizza, there will not be any price increase