The bids value the stake between Rs 10,800 crore and Rs 12,000 crore, ET said citing sources, adding that the transaction could put the valuation of the subsidiary between Rs 27,000 crore and Rs 30,000 crore
Jubilant FoodwWorks is enhancing its core Domino's business in India by opening new stores, boosting same-store sales growth, and offering new products. It has also maintained the EBIDTA margins over the last two quarters and aims to maintain it in the current fiscal, which implies a healthy profitable growth. MC Pro stays bullish and advises investors to add the stock to the portfolio
Among QSR players, Jubilant FoodWorks would be relatively less affected in the ongoing wave of COVID-19 owing to higher share of delivery business. We believe Jubilant would recover swiftly once the situation normalises. Here’s why we think the current stock underperformance provides a long-term investment opportunity.
Jubilant is among the 15 companies to have got notice from DGS so far since the implementation of GST regime.
Bajaj Auto | Ashok Leyland | Ruchi Soya | VRL Logistics | Punjab National Bank | Narayana Healthcare | Bharti Airtel | Videocon Industries | Axis Bank | Redington India | Cipla | Tech Mahindra and Bank of India are stocks, which are in the news today.
For the whole week, Sensex was up 0.8 percent, Nifty gained 0.9 percent while Bank Nifty surged 2.1 percent. Midcap stocks outperformed with the index rallying 3.5 percent.
Kalpesh Makwana of Quant Capital expects Jubilant FoodWorks to report a topline of Rs 440 crore and a profit after tax (PAT) of Rs 40 crore.
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US-based Dunkin' Donuts, one of the largest coffee and baked goods chains, is in talks to enter India through a franchisee deal with Jubilant Foodworks, the Economic Times reported on Thursday.