Jubilant Food Share Price: Jubilant Food stock price down 4.51 per cent as Sensex climbs

Shares of Jubilant Foodworks Ltd. fell 4.51 per cent to Rs 3789.95 at 02:09PM hours (IST) on Monday. Earlier in the day, the stock saw a gap up start to the session.

As per data available on BSE, total traded quantity on the counter stood at 28,742 shares with a turnover of Rs 11.06 crore till 02:09PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 132.72, while the price-to-book value ratio stood at 17.29.

Return on equity (ROE) was at 16.23 per cent, according to exchange data. The stock hit an intraday high of Rs 4000.1 and a low of Rs 3766.05 during the session and quoted a 52-week high price of Rs 4166.4 and a 52-week low of Rs 1915.0.

The stock’s beta value, which measures its volatility in relation to the broader market, stood at 1.0.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 2948.9 on August 23, while the 50-DMA was at Rs 3408.88. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 57.51. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 30-Jun-2021, promoters held 41.94 per cent stake in the company, while FIIs held 41.72 per cent and domestic institutional investors had 10.62 per cent.

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