Jubilant FoodWorks shares rise 4% as brokerages highlight Domino’s recovery prospects and Popeyes strength

$JUBLFOOD Works climbed nearly 4% after the company posted its Q1 FY27 results. Standalone revenue rose 9.2% to about Rs 1,849 crore, while profit after tax increased 4.3% to Rs 70 crore. EBITDA also improved, with margins edging higher. Domino’s India like-for-like growth stood at a modest 2.5%, but management expects acceleration to 5-7% for the full year, with improvement starting in the second quarter. Popeyes continued its strong run, delivering robust like-for-like growth and average daily sales above Rs 95,***** retained a Buy rating with a Rs 650 target, while CLSA kept an Outperform call at Rs 554, both citing expected Domino’s recovery and Popeyes momentum. HSBC stayed more cautious with a Hold and Rs 500 target, pointing to gradual improvement amid commodity inflation.