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Shares of Jubilant Foodworks fell on weak Q4 results.
The stock fell as much as 13 per cent to its lowest since December 29.
The stock posted its biggest intraday percentage loss in over 15 months.
The company's March-quarter profit fell about 76 per cent to Rs 6.72 crore, missing analysts' estimate of Rs 24.99 crore, according to Thomson Reuters data.
Domino's Pizza India operator reported a fall in same restaurant sales for Domino's, hurt by the country's move to ban higher denomination notes.
Emkay Global Financial Services calls it a “disastrous quarter” in terms of same restaurant sales growth. It has cut revenue estimates for fiscal years 2018 and 2019 due to lower store additions, and has retained “hold” rating.
Out of 27 analysts covering the stock, ten rate the stock "buy” or higher, while eight have a “hold” rating.
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