Jubilant Foodworks Limited
UTI Mutual Fund trimmed its stake in Jubilant Foodworks from 1.96% to 1.58%, selling 24,58,739 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.
India's oldest and most storied asset manager, founded in 1963 as the Unit Trust of India under an Act of Parliament. Now manages over Rs 3.5 lakh crore with backing from four public sector institutions: LIC, SBI, Bank of Baroda, and Punjab National Bank. CIO Vetri Subramaniam is a long-term compounder with a consistent quality tilt and clear articulation of process.