Domino’s fails to deliver for Jubilant, firm loses Rs 6,200 crore in market value

A day after Jubilant FoodWorksBSE 1.87 % (JFL) announced that Chief Executive Ajay Kaul would be leaving next year, the stock slumped 6 per cent. The operator of the country’s largest fast-food chain, Domino’s Pizza, recouped some of those losses since that Tuesday plunge but investors have been wary for a while now. JFL’s market value has halved to Rs 6,500 crore from a peak of Rs 12,700 crore in July 2015.

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