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Jubilant Foodworks Stock Drops 10% Following Weak Q4 Like-for-Like Growth
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Jubilant FoodWorks Shares Plunge 10% on Muted Q4 Like-for-Like Growth
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CNBC TV18
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07-04-2026, 11:59
Jubilant FoodWorks Shares Plunge 10% on Muted Q4 Like-for-Like Growth
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Jubilant FoodWorks shares dropped 10% after reporting a weak Q4 FY26 business update.
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Domino's India recorded a mere 0.2% like-for-like growth in Q4, significantly lower than previous quarters.
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The muted growth is primarily attributed to ongoing commercial LPG supply constraints affecting over 95% of outlets.
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Elara Securities maintains a 'Buy' rating with a target price of ₹780, citing easing competition and delivery focus.
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The company added 69 net stores in Q4, bringing the total store count to 3,663.
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