Jubilant Food shares down 0.87% as Nifty gains

Shares of Jubilant Foodworks Ltd. rose 0.87 per cent to Rs 431.5 in Thursday's trade. It hit an intraday high of Rs 436.25 and low of Rs 430.4, respectively, during the day.

The stock quoted a 52-week high price of Rs 652.2 and low of Rs 412.2.

As of 01:06PM (IST), the counter saw total traded volume of 53,925 shares with a traded value of Rs 2.33 crore, according to NSE.

The stock had closed at Rs 435.3 in the previous session.

The scrip has declined -3.46 per cent in the past one month till date, while the benchmark BSE Sensex has gained 0.22 per cent during the same period.

According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 67.59 while price-to-book ratio stood at 17.88. A higher P/E ratio shows that 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 it reflects the price investors are ready to pay even for no growth in a business.

The stock belongs to the Restaurant & QSR industry.

Promoter/FII Holding
Promoters held 41.94 per cent stake in the company as of 31-Dec-2022, while FII and MF ownership in the firm stood at 26.77 per cent and 14.49 per cent, respectively.

Key Financials
The company reported consolidated 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. Its net profit for the latest quarter stood at Rs 80.36 crore, down 39.97 per cent from the same quarter a year ago.