Latest Dunkin’ News & Updates

Jubilant FoodWorks Stock Plunges Due to Weak Growth Report

By

Mumbai, April 7 (IANS) Shares of Jubilant FoodWorks Ltd, the parent company of Domino’s outlets in India, plummeted sharply in early trade on Tuesday after the company reported weak like-for-like (LFL) growth in its fourth quarter (Q4) business update.The stock fell as much as 9.23 per cent to Rs 418.50 on the NSE, underperforming the benchmark Nifty 50, which declined 0.6 per cent.Jubilant FoodWorks reported a consolidated revenue growth of 19 per cent year-on-year to Rs 2,506 crore in the Janu…