Jubilant gains 58% on first day of trading
Jubilant gains 58% on first day of trading
New Delhi: Jubilant FoodWorks Ltd, which runs the Domino’s Pizza chain in India, gained 58% on its first day of trading on the Bombay Stock Exchange (BSE) on Monday.
The stock closed at Rs229.1, compared with the issue price of Rs145. BSE’s benchmark Sensex index gained 19.96 points, or 0.13%, at 15,936.61.
Jubilant FoodWorks raised Rs329 crore in an initial public offering of shares last month.
(The promoters of HT Media Ltd, which publishes ‘Mint’, and promoters of Jubilant FoodWorks are closely related.)
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