Bengaluru, May 21 -- The shares of one of India's largest food service companies, which specialises in the Quick Service Restaurant (QSR) and food delivery industry, are in focus in the day's trade as it fell 8 percent in the day's trade after a sharp round of broker downgrades and target cuts following its Q4 results.

With a market capitalisation of Rs. 28,841.83 crores in the day's trade, the shares of Jubilant FoodWorks Ltd declined upto 8.02 percent, making a low of Rs. 434.65 per share compared to its previous closing price of Rs. 472.55 per share.

What happened

Jubilant FoodWorks Ltd, engaged in the Quick Service Restaurant (QSR) and food delivery industry, is in focus following their Q4 results and a sharp round of broker downgr...