Jubilant Food Share Price: Jubilant Food shares up 0.57% as Sensex falls

Shares of Jubilant Foodworks Ltd. gained 0.57 per cent to Rs 2907.55 in Monday’s session as of 10:41AM (IST) even as the equity benchmark Sensex traded 260.58 points lower at 48521.78.

Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 3215.0 and a 52-week low of Rs 1486.8 on NSE. Around 4135 shares changed hands on the counter till 10:41AM (IST).

The stock opened at Rs 2900.0 and has touched an intraday high and low of Rs 2915.15 and Rs 2856.35 during the session so far. The scrip quoted a price-to-earnings (PE) ratio of 239.39, earnings per share (EPS) of Rs 12.08 and price to book value (PB) of 17.29, while the return on equity (ROE) stood at Rs 24.95.

Promoter/ FII Holding
The promoters held 41.94 per cent stake in the company as of May 03, while FII and MF ownerships stood at 40.87 per cent and 8.81 per cent, respectively.

Key Financials

With a market capitalisation of Rs 38152.91 crore, the company operates in the Restaurant & QSR industry. 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 same quarter a year ago. The company reported net profit of Rs 124.13 crore for the latest quarter, up 21.95 per cent from the corresponding quarter last year.

Technical Indicators
The relative strength index (RSI) of the stock stands at 52.48. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold condition when it is below 30. Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a “buy” or “sell” recommendation using a single valuation ratio.

Source Link