Jubilant Foodworks Limited is a large-cap company in the fast-moving consumer goods (FMCG) industry, with a market capitalization of 32,787 crores. Jubilant FoodWorks Limited is a subsidiary of the Jubilant Bhartia Group and is India’s largest food business company with franchise business arrangements for three global brands: Domino’s Pizza, Dunkin’ Donuts and Popeyes.
The company has fixed July 11 as the record date for the purpose of 60 per cent dividend. The company said in a BSE exchange filing that “This is in addition to our letter dated May 30, 2022, in which it was informed that the Board of Directors of Jubilant Foodworks Ltd. in its meeting held on May 30, 2022, inter alia Recommended dividend for the financial year 2021-22, subject to the approval of the shareholders at the ensuing Annual General Meeting (“AGM”). July, 2022 has been set as the record date. 1.20/- (ie 60%) per equity share face value Rs. 2/- for each financial year 2021-22. Dividend on approval by the shareholders shall be paid/remitted within 30 days from the date of AGM and shall also be subject to deduction of tax at source.
closed on stock 497 in today’s trading session, up 1.31 percent from its previous close 490.55. In the past year, the stock has fallen 23.50 percent, and year-to-date (YTD) in 2022 so far, the stock has fallen 32.00 percent. The stock has fallen 27.17% in the last 6 months but in the last 1 month the stock has gone up by 2.39% and in the last 5 trading days the stock has fallen by 3.75%. Jubilant Foodworks shares hit 52-week high on NSE 918.00 on October 18, 2021, and a 52-week low of 451.20 on May 12, 2022, indicating that the stock is currently trading at a discount of 45 percent from its 52-week high and above 10.15 percent from its 52-week low. Jubilant Food is trading below the 5-day, 20-day, 50-day, 100-day and 200-day EMAs as against today’s closing price.