Invesco Mutual Fund took a new position in Jubilant Foodworks Limited, acquiring 69,43,973 shares, representing a 1.05% stake in the company. The stake is worth approximately ₹289.6 crore based on the share price of ₹417.15.
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.
Indian subsidiary of Invesco Ltd, a US-listed global investment manager with over USD 1.8 trillion in AUM worldwide. Manages over Rs 1.2 lakh crore in India. Known for its Invesco India Contra Fund, which runs a contrarian, undervalued stock strategy against consensus market positioning. One of the few global AMC franchises maintaining a strong active equity presence in India.
