Share price of Jubilant Food jumps as Sensex gains 266.47 points
Jubilant Foodworks Ltd. gained 2.22 per cent to Rs 577.55 at 10:05AM (IST) in Friday's trade. The scrip has hit a high of Rs 578.55 and low of Rs 565.9 so far during the session.
The stock had closed at Rs 565.0 in the previous session.
The counter has had a total traded volume of 72386 shares so far with a value of Rs 4.13 crore on the NSE. It traded at a price-to-earnings multiple of 160.45 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 reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 8.2 per cent during the past one year, while the 30-share index advanced 16.48 per cent during the same period.
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-Sep-2023, while FIIs and domestic institutional investors ownership stood at 26.14 per cent and 15.54 per cent, respectively.
