Jubilant FoodWorks rose 0.77% to Rs 981.25 at 10:00 IST on BSE after the company announced a unique pizza combo for the Navratras.
The announcement was made after market hours yesterday, 3 October 2016.Meanwhile, the S&P BSE Sensex was up 80.98 points or 0.29% at 28,324.27.
On BSE, so far 3,310 shares were traded in the counter as against average daily volume of 58,207 shares in the past one quarter. The stock hit a high of Rs 983.75 and a low of Rs 977.40 so far during the day. The stock had hit a 52-week high of Rs 1689.30 on 6 October 2015. The stock had hit a 52-week low of Rs 896.65 on 12 February 2016. The stock had underperformed the market over the past one month till 3 October 2016, sliding 17.49% compared with 1.01% fall in the Sensex. The scrip had also underperformed the market in past one quarter, declining 17.04% as against Sensex's 4.05% rise.
The mid-cap company has equity capital of Rs 65.84 crore. Face value per share is Rs 10.
The latest innovative offering by Jubilant FoodWorks includes a 100% Vegetarian Pizza, Sago Pudding and Sabudana Crispies. During Navratras, Domino's Pizza will convert 459 of its 1,062 restaurants to All-vegetarian restaurants from 1 October 2016 till 10 October 2016. All the identified restaurants will serve the new Navratri Combo along with the other vegetarian items on the menu for the period. The menu will be available for dine-in as well as delivery (offline and online delivery).
Jubilant FoodWorks is scheduled to announce Q2 September 2016 results on 26 October 2016. The company's net profit declined 31.1% to Rs 19 crore on 6.7% growth in net sales to Rs 608.76 crore in Q1 June 2016 over Q1 June 2015.
Jubilant FoodWorks and its subsidiary operates Domino's Pizza brand with the exclusive rights for India, Nepal, Bangladesh and Sri Lanka.
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