Picture of Sapphire Foods India logo

543397 Sapphire Foods India News Story

0.000.00%
in flag iconLast trade - 00:00
Consumer CyclicalsAdventurousMid CapNeutral

Preview: Domino's India operator inches up ahead of Q1 results

** Domino's India operator Jubilant Foodworks JUBI.NS rises 0.8% to 637.50 rupees

** Elara Securities expects delivery-focused offers during IPL season to boost Q1 sales

** Jefferies says co, outlier among Indian QSRs, will continue its outperformance in Q1

** However, adds margins to take a hit as management's focus remains on business expansion

** Co's same-store sales grew ~12% during Q1, while that of Pizza Hut operator Sapphire Foods SAPI.NS dropped 8%

** Burger King operator Devyani International DEVY.NS reporting Q1 results on the day

** JUBI rated "hold" on avg; median PT is 730 rupees, per data compiled by LSEG

** YTD, stock down ~11%

 (Reporting by Kashish Tandon in Bengaluru)

 ((Kashish.tandon@thomsonreuters.com))

Recent news on Sapphire Foods India

See all news