Jubilant Food share price up 1.88 per cent
Jubilant Foodworks Ltd. traded 1.88 per cent up at Rs 542.95 at around 11:26AM (IST) on Wednesday.
The stock had closed at Rs 532.9 in the previous session. Equity benchmark Sensex traded 52.79 points lower at 65727.47 around the same time.
The scrip has declined 11.19 per cent in the last one year till date, while the 30-share index has gained 10.94 per cent during the same period.
The stock's 52-week high price stood at Rs 652.2 and the 52-week low price at Rs 412.2.
Trading volume on the counter stood at 73,643 shares, while it quoted a price-to-earnings ratio of 131.59, an EPS value of 4.08 and a price-to-book value of 14.26.
In the Nifty50 pack, 26 stocks traded in the green, while 24 stocks were in the red.
Promoter/FII Holding Promoters held 41.94 per cent stake in the company as of 30-Jun-2023, while overseas investor and mutual funds' ownership stood at 25.22 per cent and 15.97 per cent, respectively.
Key Financials For the quarter ended 30-Jun-2023, the company reported consolidated sales of Rs 1343.88 crore, up 4.21 per cent from the previous quarter's Rs 1289.6 crore and up 6.17 per cent from the year-ago quarter's Rs 1265.75 crore. The company reported net profit of Rs 28.92 crore for the latest quarter.
Technical Indicators The MACD signalled a bullish bias on the counter.
The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages.
A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect «buy» or «sell» opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and
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