Share price of Jubilant Food jumps as Sensex drops 41.78 points

Share price of Jubilant Foodworks Ltd. gained 1.5 per cent to Rs 502.35 at 10:05AM (IST) in Thursday's trade. The counter hit a high of Rs 505.55 and low of Rs 493.1 so far during the session. The stock had closed at Rs 494.95 in the previous session.

The counter had a total traded volume of 10:05AM shares so far with a turnover of Rs 0.77 crore on BSE. The stock traded at a price-to-earnings multiple of 94.16 and a price-to-book ratio of 14.26.

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 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-2023, while overseas investors and domestic institutional investors ownership stood at 25.38 per cent and 21.48 per cent, respectively.

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

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