MoneyWorks4Me

Fidelity Common Wealth acquires 0.56% stake in Jubilant Foodworks: Report

07 Nov 2013 Evaluate

Fidelity Common Wealth Trust has reportedly acquired 3.7 lakh shares or 0.56% stake in Jubilant Foodworks for an average price of Rs 1315.71, through open market route valuing the transaction at Rs 48.89 crore.

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.

Peers
Company Name CMP
Nestle India 1335.00
Varun Beverages 436.60
Britannia Industries 4828.90
LT Foods 414.80
Hatsun Agro Product 1138.00
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