BUZZ-PREVIEW-Domino's India operator inches up ahead of Q1 results
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Domino's India operator Jubilant FoodworksS) saw a 0.8% rise to 637.50 rupees ahead of its Q1 results. Elara Securities anticipates delivery-focused offers during the IPL season to enhance Q1 sales. Jefferies notes the company will outperform its peers despite expected margin pressures due to expansion efforts. Same-store sales increased by ~12% in Q1, contrasting with an 8% decline for Pizza Hut operator Sapphire FoodsS). JUBI is rated "hold" with a median price target of 730 rupees, while the stock is down ~11% year-to-date.
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