Jubilant FoodWorks shines on acquiring stake in JV agency

Jubilant FoodWorks shines on acquiring stake in JV agency

by admin- Thursday, December 13th, 2018 04:06:27 PM

Jubilant FoodWorks is currently trading at Rs. 1277.05, up by 42.85 factors or 3.47% from its preceding remaining of Rs. 1234.20 at the BSE.

The scrip opened at Rs. 1255.00 and has touched a excessive and coffee of Rs. 1279.Eighty and Rs. 1247.85 respectively. So a long way 34816 stocks had been traded on the counter.

The BSE institution ‘A’ stock of face cost Rs. 10 has touched a 52 week high of Rs. 1575.00 on 28-Aug-2018 and a 52 week low of Rs. 825.43 on 18-Dec-2017.

Last one week high and low of the scrip stood at Rs. 1,307.50 and Rs. 1164.60 respectively. The modern-day market cap of the agency is Rs. 16731.Sixty nine crore.

The promoters protecting in the agency stood at 44.94%, at the same time as Institutions and Non-Institutions held forty six.Fifty three% and eight.Fifty three% respectively.

Jubilant FoodWorks has been allotted fifty one,00,000 normal equity stocks at a par fee of BDT 10 (Bangladesh Taka Ten) every, in Jubilant Golden Harvest a joint mission (JV) Company on December 11, 2018. Subsequent to the allotment, the business enterprise has turn out to be 51% shareholder within the JV enterprise.

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