Share price of Jubilant Food jumps as Sensex gains 323.15 points
Promoters held 41.94 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 23.24 per cent and 19.98 per cent, respectively.
The share price of gained 2.59 per cent to Rs 450.45 at 10:05AM (IST) in Tuesday's trade. The counter has hit a high of Rs 453.85 and low of Rs 440.4 so far during the session. The stock had closed at Rs 439.05 in the previous session.The counter has had a total traded volume of 76443 shares so far with a value of Rs 3.42 crore on the . It traded at a price-to-earnings multiple of 131.46 and a price-to-book ratio of 14.26.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 0.9 per cent during the past one year, while the 30-share index advanced 25.31 per cent during the same period.
belongs to the Restaurant & QSR industry.
Promotor/FII Holding
Promoters held 41.94 per cent stake in the company as of 31-Mar-2024, while overseas investors and domestic institutional investors ownership stood at 23.24 per cent and 19.98 per cent, respectively.
Key Financials
The company reported consolidated net sales of Rs 1382.27 crore for the quarter ended 31-Dec-2023, up 0.48 per cent from the previous quarter's Rs 1375.69 crore and up 3.05 per cent from the year-ago quarter's Rs 1341.38 crore.
Profit for the latest quarter stood at Rs 65.71 crore, down 18.24 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
