Jubilant FoodWorks is trading lower by 5% to Rs 990, extending 3.4% fall in past two trading sessions, after one of the promoter sold part of its stake through open market transaction.
“Western Investments Limited had sold 359,657 shares of the company for Rs 38.78 crore via market sale on June 10,” Jubilant FoodWorks said in a statement.
Western Investments held 3.53 million or 5.40% stake in Jubilant FoodWorks, the franchise owner for Domino's Pizza and Dunkin' Donuts.
The stock opened at Rs 1,025 and hit a 52-week low of Rs 982 on NSE. A combined 197,676 shares have changed hands on the counter so far on NSE and BSE.
“Western Investments Limited had sold 359,657 shares of the company for Rs 38.78 crore via market sale on June 10,” Jubilant FoodWorks said in a statement.
Western Investments held 3.53 million or 5.40% stake in Jubilant FoodWorks, the franchise owner for Domino's Pizza and Dunkin' Donuts.
The stock opened at Rs 1,025 and hit a 52-week low of Rs 982 on NSE. A combined 197,676 shares have changed hands on the counter so far on NSE and BSE.
