JUBILANT FOODWORKS plunges by 6%; BSE 500 Index Up 0.4%

JUBILANT FOODWORKS share price has plunged 6% and is presently trading at Rs 1,490.

Meanwhile, the BSE 500 Index is at 14,794 (Up 0.4%).

Among the top losers in the BSE 500 Index today are JUBILANT FOODWORKS (down 6.10%) and WIPRO (down 5.32%)

PC JEWELLER (up 10.74%) and UPL LIMITED (up 7.70%) are among the top gainers today.

Over the last one year, JUBILANT FOODWORKS has moved up from Rs 649 to Rs 1,490, registering a gain of Rs 841 (up 129.54%).

The BSE 500 has moved up from 13,666 to 14,794, registering a gain of 1,128 points (up 8.25%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were HEG LTD (up 809.12%), GRAPHITE INDIA (up 409.79%) and INDIABULLS VENTURES (up 189.46%).

What About the Benchmark Indices?

The BSE Sensex is at 36,584 (up 0.24%). The top gainers among the BSE Sensex stocks today are ASIAN PAINTS (up 3.62%), ITC LTD (up 1.96%) and BHEL (up 1.33%). Other gainers include ICICI BANK (up 1.26%) and NTPC (up 1.22%). The most traded stocks in the BSE Sensex are ITC LTD and SBI.

In the meantime, NSE Nifty is at 11,052 (up 0.38%). UPL LIMITED (up 6.53%) and ASIAN PAINTS (up 3.79%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 31,904 to 36,584, registering a gain of 4,680 points (up 14.67%).

JUBILANT FOODWORKS Financial Update...

JUBILANT FOODWORKS net profit grew 3.1% YoY to Rs 681 million for the quarter ended March 2018, compared to a profit of Rs 660 million a year ago. Net Sales declined 1.9% to Rs 7.8 billion during the period as against Rs 8.0 billion in January-March 2017.

For the year ended March 2017, JUBILANT FOODWORKS reported 27.8% decrease in net profit to Rs 699.0 million compared to net profit of Rs 969.0 million during FY16.

Revenue of the company grew 6.0% to Rs 26 billion during FY17.

The current Price to earnings ratio of JUBILANT FOODWORKS, based on rolling 12 month earnings, stands at 44.4x.

This article was originally published in English at www.equitymaster.com

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