Jubilant Food shares gain 3.68% as Sensex rises
The stock quoted a 52-week high of Rs 586.35 and a 52-week low of Rs 420.85.
Shares of traded 3.68 per cent higher in Wednesday's session at 10:20AM (IST). The stock opened at Rs 500.15 and has touched an intraday high and low of Rs 520.5 and Rs 497.8, respectively, during the session so far.The stock quoted a 52-week high of Rs 586.35 and a 52-week low of 420.85. About 139,280 shares changed hands on the counter so far.
Benchmark Nifty50 was up 135.8 points at 22020.3, while the BSE traded 411.49 points higher at 72490.54 at the time of writing of this report.
In the pack, 31 stocks traded the day in the green, while 19 were in the red.
Key Financials
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 year-ago quarter. The company reported net profit of Rs 207.52 crore for the latest quarter.
Promoter Holdings
Promoters held 41.94 per cent stake in the company as of 31-Mar-2024, while FIIs held 23.24 per cent and MFs 19.98 per cent.
Technicals
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 503.49 on June 05, while the 50-DMA was at Rs 465.06. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered as bearish trend and if trades between these averages, then it suggests the stock can go either way.
Poll Trackers
Source: Stocks-Markets-Economic Times
