You are here: Home » News-CM » Equities » Hot Pursuit
Business Standard

Jubilant FoodWorks drops after recent sharp rally

Capital Market 

Jubilant FoodWorks lost 1.08% to Rs 1,098.75 at 11:06 on BSE, with the stock sliding on profit booking after recent rally.

Meanwhile, the S&P Sensex was up 90.91 points, or 0.29% at 31,806.55. The S&P Mid-Cap index was up 10.49 points, or 0.07% at 15,052.03.

On the BSE, 22,000 shares were traded on the counter so far as against the average daily volumes of 58,611 shares in the past one quarter. The stock had hit a high of Rs 1,125 and a low of Rs 1,093 so far during the day. The stock had hit a 52-week high of Rs 1,298.80 on 2 August 2016 and a 52-week low of Rs 761 on 26 December 2016.

The stock had outperformed the market over the past one month till 10 July 2017, advancing 14.92% compared with the Sensex's 1.45% rise. The scrip had also outperformed the market over the past one quarter advancing 8.1% as against the Sensex's 7.24% rise. The scrip had, however, underperformed the market over the past one year declining 5.96% as against the Sensex's 16.92% rise.

The mid-cap company has equity capital of Rs 65.98 crore. Face value per share is Rs 10.

Shares of Jubilant FoodWorks had rallied 17.48% in the preceding six trading sessions to settle at Rs 1,110.75 yesterday, 10 July 2017, from its close of Rs 945.45 on 30 June 2017.

Jubilant FoodWorks' net profit fell 75.9% to Rs 6.72 crore on 0.8% decrease in net sales to Rs 612.78 crore in Q4 March 2017 over Q4 March 2016.

Jubilant FoodWorks is part of Jubilant Bhartia group and India's largest food service company with a network of Domino's Pizza restaurants pan India. The company & its subsidiary have the exclusive rights to develop and operate Domino's Pizza brand in India, Sri Lanka, Bangladesh and Nepal. The company also has exclusive rights for developing and operating Dunkin' Donuts restaurants for India.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, July 11 2017. 11:07 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU