Share price of Jubilant Food falls as Sensex drops 452.72 points
Jubilant Foodworks Ltd. dropped 0.46 per cent to Rs 480.05 at 01:24PM (IST) in Thursday's trade.
The stock hit a high of Rs 484.6 and low of Rs 476.85 so far during the session. The stock had closed at Rs 482.25 in the previous session.
The counter had a total traded volume of 01:24PM shares so far with a turnover of Rs 9881.0 crore on BSE. The stock traded at a price-to-earnings multiple of 117.61 and a price-to-book ratio of 14.26.
A higher P/E 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 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.Promotor/FII Holding Promoters held 41.94 per cent stake in the company as of 30-Jun-2023, while FIIs and domestic institutional investors ownership stood at 25.22 per cent and 22.15 per cent, respectively.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 the previous quarter's Rs 1289.6 crore and up 6.17 per cent from the year-ago quarter's Rs 1265.75 crore. Its profit for the latest quarter stood at Rs 28.92 crore, down 74.35 per cent from the same quarter a year ago.
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