Domino’s Pizza Indian Franchisee Surges To Record On Plan To Add 70 Stores

August 5, 2010 by Cris | 2 Comments


Jubilant FoodWorks Ltd. rose to a record after the Indian franchisee of Domino’s Pizza Inc. said it plans to add 70 stores in the year ending March to tap demand for pizzas and western food in the South Asian country.

Jubilant, which operates 320 Domino’s Pizza stores in India, will also spend as much as 60 million rupees ($1.3 million) to set up three outlets in neighboring Sri Lanka, Ajay Kaul, Jubilant’s chief executive officer, told reporters in New Delhi today. The company is considering alliances with other global food brands, though it hasn’t signed any deal, he said.

Shares climbed 14 percent, the most since April 7, to 420 rupees in Mumbai, the highest closing level since their debut in February. The stock gained as much as 15 percent earlier on the Bombay Stock Exchange.

In Franchise Site

How Robots Are Making Us Happier
Wearable Intelligence in Energy
April Fools: Helium Beer
Wearable Intelligence in Healthcare
Pixar: The Math Behind the Movies
Watch Silicon Valley Episode 1
The Body Dryer
How Does Cryogenics Work?
Robo-Suit Body Extender
The Secret Science Behind Advertising

Related Posts

Related Resources


Leave a Reply

Comment moderation is enabled. Your comment may take some time to appear.