Jubilant Food Falls; Rival Yum Cuts Profit Outlook

Shares in Jubilant Foodworks fell 1.4 per cent on Wednesday. Its rival Yum Brands Inc, which operated restaurant chains like KFC, Pizza Hut and casual Dining has cut its 2014 earnings forecast on Tuesday.

Analysts say Yum's same store sales in India has declined between 3-4 per cent.

Copyright: Thomson Reuters 2014