HDFC Mutual Fund reduced its stake in Jubilant Foodworks from 2.37% to 2.26%, selling 7,05,541 shares.
One of India's largest food service companies, this firm operates as the master franchise holder for Domino's Pizza and Popeyes across the country. Part of the Jubilant Bhartia Group, the company manages a diverse portfolio spanning international and homegrown brands. It has expanded into the Chinese cuisine segment with Hong's Kitchen, its proprietary brand, strengthening its presence across multiple cuisines and customer segments in the quick-service restaurant sector.
One of India's oldest and most trusted AMCs with over Rs 7.5 lakh crore in AUM. Founded in 1999 as a joint venture between HDFC Bank and Standard Life. MD and CEO Navneet Munot, formerly CIO of SBI MF, has reinforced the quality and compounding philosophy across equity schemes. HDFC Flexi Cap Fund and HDFC Mid-Cap Opportunities Fund are among the largest actively managed equity schemes in India.
