Jubilant Food shares down 1.03% as Sensex rises
A total of 30,343 shares changed hands on the counter till 12:47PM (IST)
Shares of fell 1.03 per cent to Rs 516.2 in Friday's session as of 12:47PM (IST) even as the equity benchmark traded 1414.56 points higher at 76489.07.Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 586.35 and a 52-week low of Rs 420.85 on . Around 30343 shares changed hands on the counter till 12:47PM (IST).
The stock opened at Rs 524.15 and has touched an intraday high and low of Rs 526.0 and Rs 514.75 during the session so far. The scrip quoted a price-to-earnings (PE) ratio of 86.61, earnings per share (EPS) of Rs 6.05 and price to book value (PB) of 13.63, while the return on equity (ROE) stood at Rs 18.39.
Promoter/ FII Holding
The promoters held 41.94 per cent stake in the company as of June 07, while FII and MF ownerships stood at 23.24 per cent and 19.98 per cent, respectively.
Key Financials
With a market capitalisation of Rs 34585.79 crore, the company operates in the Restaurant & QSR industry. For the quarter ended 31-Mar-2024, the company reported consolidated sales of Rs 1594.13 crore, up 15.33 per cent from the previous quarter?s Rs 1382.27 crore and up 23.61 per cent from the same quarter a year ago. The company reported net profit of Rs 207.52 crore for the latest quarter, up 627.05 per cent from the corresponding quarter last year.
Technical Indicators
The relative strength index (RSI) of the stock stands at 62.79. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold condition when it is below 30. Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio.
Source: Stocks-Markets-Economic Times
