Share price of Jubilant Food falls as Sensex drops 22.76 points

Share price of Jubilant Foodworks Ltd. dropped 0.44 per cent to Rs 3002.45 at 10:46AM (IST) in Thursday's trade. The counter hit a high of Rs 3060.0 and low of Rs 2998.6 so far during the session. The stock had closed at Rs 3015.85 in the previous session.

The counter had a total traded volume of 10:46AM shares so far with a turnover of Rs 3.06 crore on BSE. The stock traded at a price-to-earnings multiple of 249.98 and a price-to-book ratio of 17.29.

A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

The 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.

Promotor/FII Holding
Promoters held 41.94 per cent stake in the company as of 31-Mar-2021, while overseas investors and domestic institutional investors ownership stood at 40.87 per cent and 11.35 per cent, respectively.

Key Financials
The firm reported consolidated sales of Rs 1085.15 crore for the quarter ended 31-Dec-2020, 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.

Its profit for the latest quarter stood at Rs 124.13 crore, up 21.95 per cent from the same quarter a year ago.