The LimitlessX - Get Tech Science News around the Globe

Jubilant Foodworks is flying all around the place and hit an all-time-high of Rs.807, recently. The company came out with an IPO at Rs.145 in 2010, later listed around Rs.200 and it is currently trading at Rs.800. What's buzzing around ? Is it just the momentum or is there any extra flavor to this stock? The company, known for its popular brand Dominos Pizza , has more than 50% single store cities. In 4QFY11 it entered new cities such as Patna, Bhubaneswar etc. These regions present huge opportunity for penetration-led growth, success of the product in these cities would be a key factor to watch out for in FY2012E. Currently 65% of sales are contributed by top seven cities and 50% of stores are located in Maharashtra, New Delhi and Karnataka. The company currently trades at more than 50 x 2012E Eps of Rs.15 , which is on the higher side.The company's business model is good and there is huge growth opportunities for the company driven by changing demographic and socio-economic

Paypal has issued new regulations for its users in India. Here’s what PayPal sent out in its latest email to users in India. As part of our ongoing effort to comply with the requirements set out in the notification of the Reserve Bank of India (“RBI Guidelines”) that apply to all online payment gateways, all PayPal users in India will be required to add the following to their PayPal account in order to continue to receive export-related payments and withdraw money: 1.A purpose code related to the majority of commercial activities for export-related payments 2.A PAN or Permanent Account Number 3.A bank account in India (if not previously added) The PAN and Bank account details are for individual users and the Purpose code is for commercial activities. More views and reactions are expected from these new regulations.