- Hot Pursuit
Jubilant FoodWorks recovers after good Q2 earnings
Jubilant FoodWorks rose 0.18% to Rs 1284.50 at 14:14 IST on BSE, recovering from the day's low after net profit rose 36.63% to Rs 32.34 crore on 42.30% increase in total income to Rs 344.05 crore in Q2 September 2012 over Q2 September 2011.
The result was announced during trading hours today, 7 November 2012. The stock had fallen as much as 1.57% at the intraday low of Rs 1,262.
Meanwhile, the BSE Sensex was up 111.03 points, or 0.59%, to 18,928.41.
On BSE, 1.16 lakh shares were traded in the counter as against an average daily volume of 52,055 shares in the past one quarter.
The stock hit a high of Rs 1,305.55 and a low of Rs 1,262 so far during the day. The stock had hit a record high of Rs 1,397 on 28 September 2012. The stock had hit a 52-week low of Rs 698 on 20 December 2011.
The stock had underperformed the market over the past one month till 6 November 2012, falling 2.32% compared with the Sensex's 0.64% fall. The scrip had, however, outperformed the market in past one quarter, rising 11.91% as against Sensex's 8.07% rise.
The mid-cap company has an equity capital of Rs 65.20 crore. Face value per share is Rs 10.
Jubilant FoodWorks is India's largest food service company, with a network of 500 Domino's Pizza stores (as of 30 August 2012) across 110 cities. The company and its subsidiary operate Domino's Pizza brand with the exclusive rights for India, Sri Lanka, Bangladesh, and Nepal. The company is the market leader in the organized pizza market with a 55% market share and 70% plus share in the Pizza home delivery segment in India (as per Euro monitor report 2012). The company has exclusive rights for developing Dunkin' Donuts brand and operating Dunkin' Donuts restaurants in India.
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