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    Share price of Jubilant Food falls as Nifty weakens

    Synopsis

    A total of 236,332 shares changed hands on the counter till 02:15PM (IST).

    Brokers trade at computer terminals at stock brokerage firm in MumbaiReuters
    Investors should therefore use dips towards 15,200-15,400 to their advantage to accumulate quality largecaps and midcaps.
    Shares of Jubilant Foodworks Ltd. slipped 1.29 per cent to Rs 474.55 in Thursday's trade as of 02:15PM (IST).

    The stock hit a high price of Rs 484.8 and low of Rs 455.9 during the session.

    The return on equity (ROE) for the stock stood at 17.33 per cent. Traded volume on the counter stood at 02:15PM shares and turnover at Rs 11.12 crore around that time.

    The stock of Jubilant Foodworks Ltd. quoted a 52-week high and 52-week low prices of Rs 652.2 and Rs 412.2, 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 31-Mar-2023, while overseas investors held 25.38 per cent and domestic institutional investors had 21.48 per cent.

    Key Financials
    The company reported consolidated sales of Rs 1289.6 crore for the quarter ended 31-Mar-2023, down 3.86 per cent from previous quarter's Rs 1341.38 crore and down 8.5 per cent from the year-ago quarter's Rs 1188.61 crore.

    Net profit after tax for the latest quarter stood at Rs 28.54 crore, down 70.5 per cent from the same quarter a year ago.
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