Mangalam on what to expect from Jubilant Foodworks' Q4 numbers

Jubilant Foodworks’ stock is off about 20 percent from its record high, still trades at around 41 times, peak valuations were 53 times. However, the key thing that took place in the quarter was promoters; they sold about 3 percent stake at a price close to around Rs 1,312, so this will be an important thing to keep an eye on.