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FMCG stock jumps after it signs MoU with Coca Cola India

FMCG stock partners with Coca-Cola India to procure sparkling beverages, boosting its portfolio, enhancing customer experience, and strengthening market presence through strategic marketing initiatives and aligned product offerings.
FMCG stock partners with Coca-Cola India to boost portfolio, enhance experience, and strengthen presence.

Introduction:

FMCG stock has partnered with Coca-Cola India to procure sparkling beverages and expand its portfolio. This strategic collaboration aims to enhance customer experience and strengthen its market presence through aligned marketing initiatives and product offerings.

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Share Price movement of Jubilant FoodWorks:

On December 27, 2024, Jubilant FoodWorks opened at ₹715.00 and reached an intraday high of ₹724.90 and low of ₹702.40. The current price is ₹708.70, up 0.68% from the previous close of ₹703.90. Market cap is ₹46,763.23 crore.

Jubilant FoodWorks share price rise:

Jubilant FoodWorks Limited has signed an MoU with Coca-Cola India Private Limited to purchase sparkling beverage products and other items from Coca-Cola’s authorized bottlers. The collaboration also includes marketing activities conducted in the ordinary course of business.

This strategic agreement aligns with Jubilant FoodWorks’ operational goals to enhance its beverage portfolio and boost customer experience. The MoU outlines the principal terms for product purchases and marketing initiatives, marking a significant step in their partnership.

Further details of the agreement are available on the company’s website, fulfilling the disclosure requirements under SEBI Listing Regulations. Jubilant FoodWorks aims to strengthen its market presence and product offerings through this collaboration with Coca-Cola.

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Recent news About Jubilant FoodWorks :

In Q2 FY2025, Jubilant FoodWorks reported a consolidated net profit of ₹64.05 crore, down from ₹97.2 crore year-over-year. Despite the profit decline, revenue from operations rose nearly 43% to ₹1,955 crore, driven by the introduction of affordable menu items and new store openings. 

Stock performance of Jubilant FoodWorks for Period of 1 week, 6 months and 1 year:

Jubilant FoodWorks showcased impressive stock performance, delivering a 4.64% return over the past week. Over six months, it gained 25.0%, and its one-year return stands at 23.5%, reflecting consistent growth and strong investor confidence in the company.

Also Read: Cement stock jumps 5% after Ultratech cement buys 8.69% stake in the company

Shareholding pattern of Jubilant FoodWorks:

All values in %Sep-24Jun-24Mar-24
Promoters41.9441.9441.94
FII21.0120.3823.24
DII30.3929.8926.06
Retail & others6.677.88.78
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About Jubilant FoodWorks:

Jubilant FoodWorks is a leading Indian foodservice company, operating popular brands like Domino’s Pizza and Dunkin’ Donuts. Renowned for innovation and customer-centricity, it consistently expands its portfolio and market presence across India, driving growth in the quick-service restaurant industry.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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