Jubilant FoodWorks gains with Domino’s Pizza witnessing record number of orders in Dhaka

Mumbai : Jubilant FoodWorks is currently trading at Rs. 1434.50, up by 5.55 points or 0.39% from its previous closing of Rs. 1428.95 on the BSE. The scrip opened at Rs. 1435.00 and has touched a high and low of Rs. 1442.50 and Rs. 1428.95 respectively. So far 18689 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 1575.00 on 28-Aug-2018 and a 52 week low of Rs. 982.00 on 26-Oct-2018. Last one week high and low of the scrip stood at Rs. 1442.50 and Rs. 1349.00 respectively. The current market cap of the company is Rs. 18857.72 crore.

The promoters holding in the company stood at 44.94%, while Institutions and Non-Institutions held 46.53% and 8.52% respectively. Domino’s Pizza, India’s largest Pizza delivery chain operated by Jubilant FoodWorks, has witnessed a record number of orders within its first week of operations in Dhaka, Bangladesh, which is the highest for the brand across its network in 85 countries.

The first restaurant has been opened in Dhanmondi area of Dhaka, and features the new pizza theater design, refreshing and inviting interior, stylish seating as well as a front row seat to watch all the action of pizza-making. Additional locations are planned for later this year.

Domino’s Pizza has entered Bangladesh through a joint venture (JV) between the master franchisee Jubilant FoodWorks and Golden Harvest QSR, a part of Golden Harvest Group. 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.

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