Jubilant Food Share Price: Jubilant Food shares up 3.75% as Nifty gains

NEW DELHI: Shares of Jubilant Foodworks Ltd. traded 3.75 per cent up in Tuesday’s trade at 12:29PM (IST). Around 30,243 shares changed hands on the counter.

The stock opened at Rs 2848.0 and touched an intraday high and low of Rs 2924.6 and Rs 2817.1, respectively, in the session so far. The stock of Jubilant Foodworks Ltd. quoted a 52-week high of Rs 3215.0 and a 52-week low of Rs 1486.8.

As per BSE, the total market cap of the Jubilant Foodworks Ltd. stood at Rs 38468.98 crore at the time of writing this report.

Key Financials

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

The net profit for latest quarter stood at Rs 124.13 crore, up 21.95 per cent from the corresponding quarter last year.

Shareholding pattern

As of 31-Mar-2021, DIIs held 8.81 per cent stake in the firm, while foreign institutional investors held 40.87 per cent and the promoters 41.94 per cent.

Valuation ratio

According to BSE data, the stock traded at a price-to-earnings multiple of 241.37 and a price-to-book ratio of 17.29. 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.

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