Share price of Jubilant Food falls as Nifty weakens

Share price of Jubilant Food falls as Nifty weakens
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Synopsis

A total of 155,983 shares changed hands on the counter till 02:06PM (IST).

Reuters
On an immediate basis, 15,770/52,500 and 15,850/52,700 levels would be major hurdles.
Shares of . slipped 3.09 per cent to Rs 517.3 in Friday's trade as of 02:06PM (IST).

The stock hit a high price of Rs 531.1 and low of Rs 510.3 during the session.

The return on equity (ROE) for the stock stood at 21.61 per cent. Traded volume on the counter stood at 02:06PM shares and turnover at Rs 8.08 crore around that time.

The stock of Jubilant Foodworks Ltd. quoted a 52-week high and 52-week low prices of Rs 805.47 and Rs 451.6, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.0.

Promotor/FII Holding
Promoters held 41.94 per cent stake in the company as of 30-Sep-2022, while overseas investors held 29.8 per cent and domestic institutional investors had 19.62 per cent.

Key Financials
The company reported consolidated sales of Rs 1311.92 crore for the quarter ended 30-Sep-2022, up 3.65 per cent from previous quarter's Rs 1265.75 crore and up 16.55 per cent from the year-ago quarter's Rs 1125.64 crore.

Net profit after tax for the latest quarter stood at Rs 131.53 crore, up 9.39 per cent from the same quarter a year ago.
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