Jubilant FoodWorks shares fall 4% after Q1 profit drops 26%. What should investors do now?

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Jubilant FoodWorks shares fall 4% after Q1 profit drops 26%. What should investors do now?

Jubilant FoodWorks shares fell 4% on Wednesday after the company reported a 26% drop in its standalone June quarter profit. The company’s profit stood at Rs 75.2 crore in the quarter, down from Rs 102.2 crore in the same period last year.

The decline in profit was due to a number of factors, including higher input costs, a slowdown in same-store sales growth, and lower franchise income.

The company’s shares have been on a downward trend since the beginning of the year. They have fallen by more than 20% since January 1.

So, what should investors do now?

If you are an investor who is invested in Jubilant FoodWorks, you should consider the following factors before making any decisions:

  • The company’s long-term growth prospects.
  • The current valuation of the company’s shares.
  • Your risk appetite.

If you believe that the company’s long-term growth prospects are strong and that the current valuation of the shares is attractive, then you may want to consider holding on to your shares. However, if you are concerned about the company’s recent performance and the current market conditions, then you may want to consider selling your shares.

Ultimately, the decision of whether to sell or hold your shares is a personal one. You should weigh the factors mentioned above and make a decision that is right for you.

Here are some additional factors that investors may want to consider:

  • The company’s plans to expand its restaurant network.
  • The company’s plans to launch new products and services.
  • The company’s competitive landscape.
  • The overall economic environment.

Conclusion:

Jubilant FoodWorks is a leading food services company in India. The company has a strong brand portfolio and a wide distribution network. However, the company is facing some challenges, including rising input costs and a slowdown in same-store sales growth.

jubilant foodworks share price: Jubilant FoodWorks shares fall 4% after Q1  profit drops 26%. What should investors do now? - The Economic Times

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