Shares of Jubilant FoodWorks surged 7 per cent to Rs 1,527 on the BSE on Wednesday, and were up 12 per cent in the past two trading days, after the company reported double digit revenue growth, along with a sequential improvement in margins in September quarter (Q2FY20). The stock hit a 52-week high today, surpassing its previous high of Rs 1,518 touched on September 23, 2019.
The company, the master franchisee of Domino’s Pizza and Dunkin’ Donuts in India, reported a better-than-expected 12 per cent year on year (YoY) growth in net sales at Rs 988 crore in Q2FY20. Analysts on