$394.8 -3.3 -0.8%
Last Trade - 9:10pm
Market Cap | £11.08bn |
Enterprise Value | £13.83bn |
Revenue | £2.95bn |
Position in Universe | 714th / 6852 |
** Indian franchise partner of Domino's Pizza DPZ.N and Dunkin' Donuts JUBI.NS gains as much as 5% to a record high of 3,099.25 rupees ** JUBI on Friday said it would acquire Fides Food Systems Coöperatief U.A., Netherlands through a unit for about 24.8 mln pounds ($34.77 mln) urn:newsml:reuters.com:*:nFWN2KP01U ** JUBI's Fides acquisition is in order to indirectly hold Fides' 32.81% stake in DP Euraisa NV DPEU.L , the exclusive master franchisee of the Domino's Pizza brand in Turkey, Russia, Azerbaijan and Georgia ** "We are positively surprised by JUBI's investment in DP Eurasia...Compared to earlier ventures, we believe this is more likely to expand and would benefit from JUBI's experience of profitably scaling up Domino's in India," says Ambit Capital Pvt Ltd ** More than 1.3 mln shares trade, 1.4 times the 30-day moving avg of ~972,000 shares ** Twenty of 29 analysts covering the stock have a "buy" or higher rating, 6 have "hold" while 3 rate it at "sell" or lower; median PT is 2,941 rupees - Refinitiv data ** Stock rose 68.9% in 2020, and is up 5.7% YTD ($1 = 0.7133 pounds) (Reporting by Anuron Kumar Mitra in Bengaluru) ((AnuronKumar.Mitra@thomsonreuters.com; +91 99863 58469;))