Jubilant Food shares down 0.33% as Nifty gains
Jubilant Foodworks Ltd. traded 0.33 per cent down in Thursday's trade at 01:28PM (IST). Around 31,154 shares changed hands on the counter.
The scrip opened at Rs 537.35 and touched an intraday high and low of Rs 543.0 and Rs 532.1, respectively, in the session so far. The stock of Jubilant Foodworks Ltd. quoted a 52-week high of Rs 586.35 and a 52-week low of Rs 420.85.
As per BSE, the total market cap of the Jubilant Foodworks Ltd. stood at Rs 35456.78 crore at the time of writing this report.
Key Financials The company reported consolidated net sales of Rs 1594.13 crore for the quarter ended 31-Mar-2024, up 15.33 per cent from previous quarter's Rs 1382.27 crore and up 23.61 per cent from the year-ago quarter's Rs 1289.6 crore.
The net profit for latest quarter stood at Rs 207.52 crore, up 627.05 per cent from the same quarter a year ago.
Shareholding pattern As of 31-Mar-2024, DIIs held 19.98 per cent stake in the firm, while foreign institutional investors held 23.24 per cent and the promoters 41.94 per cent.
Valuation ratio According to BSE data, the stock traded at a price-to-earnings multiple of 88.79 and a price-to-book ratio of 13.63. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Jubilant Foodworks Ltd. belongs to the Restaurant & QSR industry.
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