Newly listed Jubilant FoodWorks continues to dazzle

Jubilant FoodWorks is trading 4% higher at Rs 357 after HDFC Mutual Fund bought over 3% stake in the company through block deals. So far, 1.91 million equity shares have changed hands in the counter so far on the BSE.
 
The Indian franchisee of US-based pizza company Domino’s share price has more than doubled from its issue price of Rs 145 per share. The stock got listed on February 8, 2010. The company recently opened 300th store in India and the 900th store worldwide.
 
Reliance Mutual Fund, Arisaig India and Capital Group are some of the other big investors that purchased the stake in the company post listing.
 
The stock opened at Rs 340 and touched high of Rs 362, have seen 1.91 million equity shares change hands on the counter so far on the BSE.