JUBLFOOD

shares fell nearly 4%.

shares fell nearly 4% on July 7 after Q1 FY26 results showed a slowdown in Domino’s Turkey business. While , consolidated revenue rose 17% YoY to ₹2,261 crore, and India’s like-for-like (LFL) sales grew 11.6% with 61 new store additions, weak Turkey performance weighed on sentiment. The company now operates 2,240 Domino’s outlets in India. The Turkey segment saw a 2.2% LFL sales decline (adjusted for hyperinflation), with 752 stores post net additions. CLSA rated the stock "Underperform"with a target of ₹519 citing Turkey drag, while Morgan Stanley remained positive projecting a ₹781 target on steady India performance.