India, April 1 -- Jubilant FoodWorks has decided to exit the Dunkin' Doughnuts segment of the company after a strategic review of the company's business portfolio. This decision comes at a time when the company's Dunkin' segment has contributed minimally to the company's revenue and has remained a loss-making segment. This exit would allow the company to focus on the Domino's segment of the company, which provides more scalability and profitability.
With a market cap of Rs 28,984 crore, the shares of the company are trading at Rs 440 and are trading at a PE of 89 compared to their industry's PE of 63. The shares have given a return of more than 1,800% since February 2010.
Weak financial contribution and strategic reassessment
The major ...
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