Share price of Jubilant Food jumps as Sensex drops 255.3 points

The share price of Jubilant Foodworks Ltd. gained 0.03 per cent to Rs 443.0 at 12:09PM (IST) in Thursday's trade. The stock has hit a high of Rs 447.0 and low of Rs 440.35 so far during the session. The stock had closed at Rs 442.85 in the previous session.

The counter has had a total traded volume of 8411 shares so far with a value of Rs 0.37 crore on the NSE. It traded at a price-to-earnings multiple of 69.48 and a price-to-book ratio of 17.88.

A higher price-to-earnings 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 reflects the price investors are willing to pay even for no growth in the business.

The scrip declined 22.48 per cent during the past one year, while the 30-share index advanced 5.16 per cent during the same period.

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-Dec-2022, while overseas investors and domestic institutional investors ownership stood at 26.77 per cent and 14.49 per cent, respectively.

Key Financials
The company reported consolidated net sales of Rs 1341.38 crore for the quarter ended 31-Dec-2022, up 2.25 per cent from the previous quarter's Rs 1311.92 crore and up 9.78 per cent from the year-ago quarter's Rs 1221.88 crore.

Profit for the latest quarter stood at Rs 80.36 crore, down 39.97 per cent from the same quarter a year ago.