Quote on Jubilant FoodWorks - stock up ~3% by Mr. Amarjeet Maurya, Angel Broking Ltd
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Below is quote on Jubilant FoodWorks - stock up ~3% by Mr. Amarjeet Maurya, - AVP - Mid Caps, Angel Broking Ltd
Jubilant Foodworks(JFL) is a food service company engaged in retail sales of food through two strong international brands, Domino’s Pizza and Dunkin’ Donuts addressing different food market segments. During 1QFY22, JFL has reported strong sales growth (~130% yoy) and Profit (Rs69cr) against loss in 1QFY21. Going forward, we expect JFL to report a healthy top-line and bottom-line mainly due to new product launches, new store addition ( currently store is1380) and strong brand.
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