Credit Suisse has an "underperform" rating on Jubilant Foodworks and sees downside risks to the Domino's Pizza and Dunkin' Donuts restaurant chain operator's same-store sales guidance of 8-10 percent.
As restaurants cost more, small eateries tempt with affordable menus in metros
Morgan Stanley on Monday downgraded Jubilant Foodworks to "equal weight" from "overweight," citing increasing competition from the likes of Pizza Hut and the stock outperformance in the last one year, sending its shares down 2 percent.