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VERIFIEDET Markets·positive
Jubilant Foodworks shares rally 6% after Q1 results; Bernstein sees Popeyes as strong growth driver. Should you buy?
AI Summary
- ·Jubilant FoodWorks reported a 14% year-on-year increase in Q1 FY27 revenue, reaching Rs 2,570 crore.
- ·EBITDA grew by 10% to Rs 360 crore, with Domino's India showing 2.5% like-for-like growth and Popeyes achieving 97% revenue growth.
- ·Bernstein and Motilal Oswal maintained positive ratings, highlighting Popeyes' momentum and potential for margin improvement.