PRE-MARKET INDIAN STOCKS NEWS: Jubilant FoodWorks Ltd. (JUBI IS) Q4 consolidated revenue rose 19.1% Y/Y to INR 25.06bln
Ambuja Cements Ltd. (ACEM IS) - Co. said trading in shares of Sanghi Industries has been suspended effective Apr 6 following its amalgamation with the Co. (Moneycontrol)
Aurobindo Pharma Ltd. (ARBP IN) - Co. said its subsidiary CuraTeQ Biologics reported positive topline results from a Phase 3 study of BP11, a biosimilar to Xolair. (Moneycontrol)
Godrej Consumer Products Ltd. (GCPL IN) - Co. said its standalone business is expected to deliver double-digit underlying sales growth and high-single digit underlying volume growth. (Moneycontrol)
Jubilant FoodWorks Ltd. (JUBI IS) - Co. Q4 consolidated revenue rose 19.1% Y/Y to INR 25.06bln while standalone revenue rose 6.2% Y/Y to INR 16.86bln. (Moneycontrol)
Jubilant FoodWorks' strong Q4 revenue growth of 19.1% year-on-year suggests positive momentum for the company, potentially boosting investor sentiment. This robust performance, coupled with a standalone revenue gain, indicates resilience in its core business and provides a favorable outlook, which could support its stock price in an otherwise uncertain market.