Jubilant Food Share Price: Jubilant Food share price up 1.15 per cent

Shares of Jubilant Foodworks Ltd. traded 1.15 per cent up at Rs 3130.2 at around 10:57AM (IST) on Friday. The stock had closed at Rs 3094.65 in the previous session. Equity benchmark Sensex traded 263.47 points higher at 51378.69 around the same time.

The scrip has climbed 85.58 per cent in the last one year till date, while the 30-share index has gained 60.49 per cent during the same period.

The stock’s 52-week high price stood at Rs 3215.0 and the 52-week low price at Rs 1596.25.

Trading volume on the counter stood at 4,857 shares, while it quoted a price-to-earnings ratio of 258.91, an EPS value of 12.08 and a price-to-book value of 17.29. In the Nifty50 pack, 34 stocks traded in the green, while 16 stocks were in the red.

Promoter/FII Holding
Promoters held 41.94 per cent stake in the company as of 31-Mar-2021, while FII and mutual funds’ ownership stood at 40.87 per cent and 8.81 per cent, respectively.

Key Financials
For the quarter ended 31-Dec-2020, the company reported consolidated sales of Rs 1085.15 crore, up 28.01 per cent from the previous quarter’s Rs 847.68 crore and up 0.22 per cent from the year-ago quarter’s Rs 1087.53 crore. The company reported net profit of Rs 124.13 crore for the latest quarter.

Technical Indicators

The MACD signalled a 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 vice versa.

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