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Jubilant FoodWorks edges higher on getting nod to invest up to Rs 30 crore in Jubilant Bangladesh

23 May 2024 Evaluate

Jubilant FoodWorks is currently trading at Rs. 479.65, up by 0.50 points or 0.10% from its previous closing of Rs. 479.15 on the BSE.

The scrip opened at Rs. 495.25 and has touched a high and low of Rs. 501.95 and Rs. 466.75 respectively. So far 266487 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 586.35 on 22-Dec-2023 and a 52 week low of Rs. 420.85 on 14-Mar-2024.

Last one week high and low of the scrip stood at Rs. 501.95 and Rs. 463.00 respectively. The current market cap of the company is Rs. 31458.12 crore.

The promoters holding in the company stood at 41.94%, while Institutions and Non-Institutions held 49.29% and 8.77% respectively.

Jubilant FoodWorks has received an approval for making further investments of up to Rs 30 crore (or its equivalent in BDT) in Jubilant FoodWorks Bangladesh (Jubilant Bangladesh), wholly owned subsidiary of the Company. The Investment Committee of Jubilant FoodWorks in its meeting held on May 22, 2024 approved the same. 

There will be no change in shareholding of the Company in Jubilant Bangladesh. Jubilant Bangladesh will continue to be wholly owned subsidiary of the Company post investment. The proposed investment in Jubilant Bangladesh will be utilised mainly for network expansion.

Jubilant FoodWorks is India’s largest and fastest growing food service company. The company and its subsidiary operates Domino’s Pizza brand with exclusive rights for India, Nepal, Bangladesh and Sri Lanka.


Jubilant FoodWorks Share Price

431.15 1.10 (0.26%)
05-Jun-2026 10:33 View Price Chart
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