Jubilant FoodWorks, with a market capitalization of nearly Rs 38000 crore, was consolidating in a range of Rs 575-450 on the weekly charts. Recently, the stock on the weekly charts recorded a breakout from the said range and inched closer to Rs 600 levels.
Finance Ministry eases rules for bonus share issue by companies in FDI-barred sectors
The finance ministry has amended rules, effective June 11, 2025, allowing Indian companies in restricted FDI sectors to issue bonus shares to existing non-resident shareholders,