Jubilant Food Share Price: Jubilant Food shares up 0.47% as Nifty drops

NEW DELHI: Shares of Jubilant Foodworks Ltd. traded 0.47 per cent up in Wednesday’s trade at 01:15PM (IST). Around 13,362 shares changed hands on the counter.

The counter opened at Rs 3784.0 and touched an intraday high and low of Rs 3798.0 and Rs 3731.8, respectively, in the session so far. Shares of the company of Jubilant Foodworks Ltd. quoted a 52-week high of Rs 4577.45 and a 52-week low of Rs 2105.65.

Total market cap of the Jubilant Foodworks Ltd. stood at Rs 49755.63 crore at the time of writing this report.

Key Financials

The company reported consolidated sales of Rs 1125.64 crore for the quarter ended 30-Sep-2021, up 24.88 per cent from previous quarter’s Rs 901.35 crore and up 32.79 per cent from the year-ago quarter’s Rs 847.68 crore.

The net profit for latest quarter stood at Rs 120.24 crore, up 58.19 per cent from the same quarter a year ago.

Shareholding pattern

As of 30-Sep-2021, DIIs held 9.41 per cent stake in the firm, while foreign institutional investors held 41.41 per cent and the promoters 41.94 per cent.

Valuation ratio

According to BSE data, the stock traded at a P/E multiple of 118.66 and a price-to-book ratio of 26.94. 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. belongs to the Restaurant & QSR industry.

Source Link