Jubilant Food shares up 3.33% as Sensex falls

The stock opened at Rs 498.4 and has touched an intraday high and low of Rs 516.65 and Rs 498.4 during the session so far. The scrip quoted a price-to-earnings (PE) ratio of 82.35, 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 May 29, 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 32886.68 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 71.12. 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.