Jubilant FoodWorks, operators of Domino's
Pizza store recovered sharply on Wednesdayfollowing a decline
ofalmost12% in thelast two days.
Shares of the companysurgednearly 9%after the global investment firmDeutsche Bank upgraded its ratings on the stock to 'Buy' from 'Hold'.
Shares of the company came under pressureafter
itreportedlower-than-expected profit, margins and same store sales
growth for the third quarter of fiscal 2013. 
Shares ofthe companyare trading at Rs
1,132.40, up Rs 91.65, or 8.81% at the Bombay Stock Exchange (BSE)
on Wednesday at 12:23 p.m.The scrip has touched an intra-day high
of Rs 1,139.00 and low of Rs 1,045. The total volume of shares
traded at the BSE is 622,734.In the earlier session, the shares
fell 8.24%, or Rs 93.4, at Rs 1,040.75.
Currently, the stock is trading down 18.94% from its 52-week high of Rs 1,397 and above 24.42% over the 52-week low of Rs 910.15.
Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 1,197.50 (156.75) (13.09) 1 Month 1,318.50 (277.75) (21.07) 3 Months 1,368.40 (327.65) (23.94) 6 Months 1,205.55 (164.80) (13.67) 1 Year 919.45 121.30 13.19 Note: Based on previous day closing price.
Post a Comment