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    Jubilant Food shares drop 0.86% as Sensex falls

    Synopsis

    A total of 22,310 shares changed hands on the counter till 12:30PM (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. traded 0.86 per cent down at Rs 498.85 at 12:30PM (IST) on Wednesday, even as BSE benchmark Sensex dropped 694.26 points to 60284.49. The stock had closed at Rs 503.2 in the previous session.

    The stock quoted a 52-week high and 52-week low of Rs 706.75 and Rs 451.6, respectively.

    As per BSE data, total traded volume on the counter till 12:30PM (IST) stood at 12:30PM shares with turnover at Rs 1.11 crore.

    At the current price, shares of the company trades at 69.25 times its trailing 12-month EPS of Rs 7.2 per share and 17.88 times its price-to-book value, BSE data showed.

    A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.

    The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.0.

    Shareholding Details
    Promoters held 41.94 per cent stake in the company as of 31-Dec-2022, while FIIs owned 26.77 per cent and DIIs 20.52 per cent.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
    The Economic Times

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