** Domino's India operator Jubilant Foodworks JUBI.NS rises 6.2% to 680.5 rupees after Q3 results
** Stock on track to snap a 5-session losing streak
** Co posts "industry leading" same store sales growth in Indian Domino's restaurants - Ambit Capital
** Growth led by deliveries, where co has waived fees
** Co expects 100 bps improvement in gross margins in next 2-3 quarters on discounts, packaging costs reduction
** Co keeps prices stable on avg despite inflation, to focus on market share gains - Centrum Broking
** Stock rated 'hold' on avg by 28 analysts; median PT 690 rupees - data compiled by LSEG
** 'Buy'-rated rival Sapphire Foods SAPI.NS reported higher Q3 profit but lower same sales growth at Pizza Hut India
(Reporting by Ananta Agarwal in Bengaluru)
((Ananta.Agarwal@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.