JUBILANT FOODWORKS Surges by 24%; BSE 500 Index Up 5.3%
March 20, 2020 03:34 PM

JUBILANT FOODWORKS share price has zoomed 24% and is presently trading at Rs 1,596.

Meanwhile, the BSE 500 Index is at 11,521 (up 5.3%).

Among the top Gainers in the BSE 500 Index today are JUBILANT FOODWORKS (up 23.8%) and ABBOTT INDIA (up 11.3%).

BIRLA CORPORATION and GODREJ INDUSTRIES (down 0.1%) are among the top losers today.

Over the last one year, JUBILANT FOODWORKS has moved up from Rs 1,399 to Rs 1,596, registering a gain of Rs 197 (up 8.6%).

On the other hand, the BSE 500 has moved down from 15,161 to 11,521, loss of 3,640 points (down 25.1%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 283.7%), ABBOTT INDIA (up 101.0%) and NAVIN FLUORINE (up 68.4%).

What About the Benchmark Indices?

The BSE Sensex is at 30,418 (up 5.7%).

The top gainers among the BSE Sensex stocks today are ONGC (up 15.5%), ULTRATECH CEMENT (up 14.4%) and HUL (up 12.7%). Other gainers include RELIANCE IND. (up 11.8%) and TCS (up 10.1%). The most traded stocks in the BSE Sensex are ONGC and SBI.

In the meantime, NSE Nifty is at 8,883 (up 5.8%). The top gainers in the NSE Nifty include BHARTI INFRATEL (up 22.6%), ONGC (up 17.1%) and GAIL (up 16.4%). Other gainers include HUL (up 12.9%) and ULTRATECH CEMENT (up 12.5%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,363 to 30,418, registering a loss of 7,945 points (down 22.06%).

JUBILANT FOODWORKS Financial Update...

JUBILANT FOODWORKS net profit stood at Rs 1 billion for the quarter ended December 2019, compared to a profit of Rs 965 million a year ago. Net Sales rose 14.1% to Rs 10.6 billion during the period as against Rs 9.3 billion in October-December 2018.

For the year ended March 2019, JUBILANT FOODWORKS reported 62.0% increase in net profit to Rs 3.2 billion compared to net profit of Rs 2.0 billion during FY18.

Revenue of the company grew 18.0% to Rs 36 billion during FY19.

The current Price to earnings ratio of JUBILANT FOODWORKS, based on rolling 12 month earnings, stands at 61.1x.