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Jubilant Food stock price up 2.69 per cent as Sensex climbs

Shares of Jubilant Foodworks Ltd. rose 2.69 per cent to Rs 557.3 at 10:10AM hours (IST) on Friday. Earlier in the day, the stock saw a gap up start to the session.

As per data available on BSE, total traded quantity on the counter stood at 101,557 shares with a turnover of Rs 5.63 crore till 10:10AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 17.17, while the price-to-book value ratio stood at 26.94.

Return on equity (ROE) was at 16.23 per cent, according to exchange data. The stock hit an intraday high of Rs 561.85 and a low of Rs 545.0 during the session and quoted a 52-week high price of Rs 915.49 and a 52-week low of Rs 488.8.

The stock’s beta value, which measures its volatility in relation to the broader market, stood at 1.0.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 699.71 on April 29, while the 50-DMA was at Rs 552.83. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 51.21. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 31-Mar-2022, promoters held 41.94 per cent stake in the company, while FIIs held 31.87 per cent and domestic institutional investors had 15.6 per cent.

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