Jubilant Food shares down 1.28% as Nifty drops
Jubilant Foodworks Ltd. traded 1.28 per cent down in Thursday's trade at 01:08PM (IST). Around 85,566 shares changed hands on the counter.
The stock opened at Rs 552.45 and touched an intraday high and low of Rs 555.45 and Rs 543.4, respectively, in the session so far. Shares of the company of Jubilant Foodworks Ltd. quoted a 52-week high of Rs 652.2 and a 52-week low of Rs 412.2.
As per BSE, the total market cap of the Jubilant Foodworks Ltd. stood at Rs 36007.75 crore at the time of writing this report.
Key Financials The company reported consolidated sales of Rs 1343.88 crore for the quarter ended 30-Jun-2023, up 4.21 per cent from previous quarter's Rs 1289.6 crore and up 6.17 per cent from the year-ago quarter's Rs 1265.75 crore.
The net profit for latest quarter stood at Rs 28.92 crore, down 74.35 per cent from the same quarter a year ago.
Shareholding pattern As of 30-Jun-2023, DIIs held 15.97 per cent stake in the company, while foreign institutional investors held 25.22 per cent and the promoters 41.94 per cent.
Valuation ratio According to BSE data, the stock traded at a P/E multiple of 133.68 and a price-to-book ratio of 14.26.
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.
