![Jubilant to deliver extra cheese on value, with slice of pizza recovery](https://cdn.magzter.com/1547192204/1719773392/articles/ZMbd2E7P4SnNbHjPLoPsys/JUBILANT-TO-DELIVER-EXTRA-CHEESE-ON-VALUE-WITH-SLICE-OF-PIZZA-RECOVERY.jpg)
Jubilant FoodWorks, India's largest listed quick-service market capitalisation, is expected to maintain its outperformance versus peers with steady performance in the January-March quarter (Q4) of 2023-24 (FY24), faster recovery in the pizza category, strong value offerings, and ongoing expansion.
The stock has delivered a 14 per cent return since the beginning of June, three times the QSR average and twice that of the S&P BSE Sensex during this period.
One key reason for Street's optimism about Jubilant, the Indian franchisee of Domino's Pizza, is the expected reversal in the fortunes of the pizza category. While pizza sales lagged behind burgers in the first half (H1), they showed stronger performance in the latter part of FY24.
According to analysts at Prabhudas Lilladher, led by Amnish Aggarwal, "From the second half of FY24, burger players due to slowdown, geopolitical factors, and possibly competition (other cuisines and new players)."
While pizza chains are nearing the end of their downturn, burger chains are yet to fully experience the effects of rising competitive pressures. Analysts foresee a quicker return to midsingle-digit same-store sales growth (SSSG) for pizza chains compared to burger chains.
Esta historia es de la edición July 01, 2024 de Business Standard.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición July 01, 2024 de Business Standard.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
![In the shadow of the mighty Annapurna](https://reseuro.magzter.com/100x125/articles/18959/1751399/8yBkvHP86DpLunjVsN3sys/IN-THE-SHADOW-OF-THE-MIGHTY-ANNAPURNA.jpg)
In the shadow of the mighty Annapurna
The unusual charm of trekking to Mardi Himal in the rainy season
Govt to organise Global IndiaAl Summit on July 3-4
The Ministry of Electronics and Information Technology will organise a global AI summit on July 3-4 to discuss issues related to artificial intelligence with India firmly committed to ethical and inclusive growth of this new-age technology.
![ON THE BOIL](https://reseuro.magzter.com/100x125/articles/18959/1751399/vplz1H3rRry9dGh6o8Zsys/ON-THE-BOIL.jpg)
ON THE BOIL
Why are milk prices rising when the supply is healthy?
![Asset monetisation helped RIL create value: Morgan Stanley](https://reseuro.magzter.com/100x125/articles/18959/1751399/OCubL0fEgkbULtnjoarsys/ASSET-MONETISATION-HELPED-RIL-CREATE-VALUE-MORGAN-STANLEY.jpg)
Asset monetisation helped RIL create value: Morgan Stanley
Asset monetisation cycles have created 2-3x value for the shareholders of Reliance Industries in the last three decades, with each decade witnessing $60 billion in market cap creation, according to a report by the US-based financial services firm Morgan Stanley.
![Weak steel prices rob metal sector's sheen](https://reseuro.magzter.com/100x125/articles/18959/1751399/HE7fQ3YESM8TTsoXGgusys/WEAK-STEEL-PRICES-ROB-METAL-SECTORS-SHEEN.jpg)
Weak steel prices rob metal sector's sheen
Slowdown in mining activity due to monsoon season will continue to remain a challenge in near-term, say analysts
MF Lite norms proposed for passive AMCs
The Securities and Exchange Board of India (Sebi) on Monday proposed to introduce a lighter version of mutual fund (MF) regulations for 'passive only' fund houses.
Clear skies ahead: Strong long-term gains for IndiGo
Long-term macro trends indicate growth in demand for air travel.
![Regulator directs exchanges, other MIIs to levy same fees](https://reseuro.magzter.com/100x125/articles/18959/1751399/QSVv0HVSzLiC5fZ5gj4sys/REGULATOR-DIRECTS-EXCHANGES-OTHER-MIIS-TO-LEVY-SAME-FEES.jpg)
Regulator directs exchanges, other MIIs to levy same fees
The Securities and Exchange Board of India (Sebi) on Monday directed stock exchanges and other market infrastructure institutions (MIIs) to discontinue with the practice of levying slab-wise fee structures.
Niva Bupa files draft papers for ₹3,000 cr IPO
Niva Bupa Health Insurance has filed a draft red herring prospectus (DRHP) with the capital market regulator Securities and Exchange Board of India (Sebi) to raise ₹3,000 crore via initial public offering (IPO).
Mkts start July on strong note, log new highs
Indian equities extended their winning run during the first session of July by logging new highs on Monday, supported by gains in banking and technology stocks.