Jubilant Food shares fall 0.03 per cent in Monday's trading session
The Relative Strength Index of the stock stood at 63.89 on Monday.
Shares of fell 0.03 per cent to Rs 518.3 in Monday's trade as of 12:27PM (IST) even as the benchmark ruled at 23313.65, up 23.5 points.The scrip had closed at Rs 518.5 in the previous session. The stock quoted a 52-week low of Rs 420.85 and a high of Rs 586.35. The company quoted a market-cap of Rs 34341.64 crore on the .
On BSE, 67,732 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 86.0 times its trailing 12-month EPS of Rs 6.05 per share and 13.63 times its book value. The return on equity (ROE) stood at Rs 18.39.
Key Financials
For the quarter ended 31-Mar-2024, reported consolidated sales of Rs 1594.13 crore, up 23.61 per cent from the same quarter a year ago. The company reported 627.05 per cent YoY growth in net profit at Rs 207.52 crore for the latest quarter.
Technical indicators
The relative strength index (RSI) of the stock stood at Monday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold 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
