Jubilant Foodworks gains on better earnings prospects

Reuters Updated - December 07, 2021 at 02:17 AM.

The Jubilant Foodworks share has gained on better earnings prospects.

The share has gained 5.1 per cent ahead of its quarterly results to be announced later in the day.

The company's sales and earnings will beat estimates, analysts said.

According to dealers, high networth individuals were buying the stock on the premise of margin expansion.

Also, Jefferies upgraded the stock on Tuesday citing a recovery in demand.

Published on February 5, 2015 05:10