Jubilant Foodworks Limited
Canara Robeco Mutual Fund decreased its stake in Jubilant Foodworks Limited from 1.33% to 1.13%, selling 13,12,478 shares. The value of the sold shares was ₹54.71 Cr at a price of ₹417.15 apiece.
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.
Joint venture between Canara Bank and Robeco of Netherlands. Manages over Rs 1.5 lakh crore. Canara Robeco Equity Hybrid Fund and Canara Robeco Emerging Equities are among its best-regarded offerings with long consistent track records. Backed by the Canara Bank network for distribution across Tier 2 and Tier 3 India.