Jubilant FoodWorks advances 5%, hits a fresh record high

In past one month, the stock has gained 25 per cent against a 1.2 per cent rise in the S&P BSE Sensex.

Shares of Jubilant FoodWorks hit a fresh record high of Rs 2,377, up 5 per cent on the BSE in intra-day trade on Friday in an otherwise subdued market. The stock surpassed its previous high of Rs 2,310 touched on September 3, 2020. In the past month, it has gained 25 per cent against a 1.2 per cent rise in the S&P BSE Sensex.

While announcing the April-June quarter (Q1FY21) results on September 2, Jubilant FoodWorks' management had said that the revenue recovery improved significantly in the months of July and August, with a recovery of 69.8 per cent in