Jubilant FoodWorks continues to trade jubilant after CLSA upgrades the stocks to outperform

11 May 2012 Evaluate

Shares of Jubilant FoodWorks are trading jubilant ever since CLSA has upgraded the stocks to buy from outperform. Asia's leading, independent brokerage and investment group, expects revenues of the company to become 2.4-times and net profit 2.9-times over FY12-15. It expects the company growth likely to remain elevated over the medium term

Jubilant FoodWorks is currently trading at Rs 1131.00, up by 80.10 points or 7.62% from its previous closing of Rs 1050.90 on the BSE.

The scrip opened at Rs 1062.00 and has touched a high and low of Rs 1137.65 and Rs 1020.00 respectively. So far 346157 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 1253.00 on 18-Apr-2012 and a 52 week low of Rs 633.15 on 04-Oct-2011.

Last one week high and low of the scrip stood at Rs 1137.65 and Rs 1020.00 respectively. The current market cap of the company is Rs 7360 crore.

The promoters holding in the company stood at 56.77% while Institutions and Non-Institutions held 38.32% and 4.91% respectively.

The company has posted a jump of 51.73% in its net profit at Rs 29.33 crore for the quarter ended March 31, 2012 as compared to Rs 19.33 crore for the same quarter in the previous year. Total income has increased by 46.37% at Rs 284.88 crore for quarter under review as compared Rs 194.63 crore for the quarter ended March 31, 2011

For the full year ended March 31, 2012, the company has posted a rise of 46.72% in its net profit at Rs 105.64 crore for the year ended March 31, 2012 as compared to Rs 72.00 crore for the same period in the previous year. Total income has surged by 50.42% at Rs 1023.28 crore for year under review as compared to Rs 680.27 crore for the period ended March 31, 2011.

On the consolidated basis, the group has posted a soared of 43.98% in its net profit at Rs 103.29 crore for the year ended March 31, 2012 as compared to Rs 71.74 crore for the same period in the previous year. Total income has increased by 50.65% at Rs 1024.87 crore for year under review as compared to Rs 680.28 crore for the period ended March 31, 2011

Jubilant FoodWorks Share Price

703.65 -0.30 (-0.04%)
26-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Nestle 2150.50
Britannia Inds 4766.55
Varun Beverages 624.00
Marico 632.05
Hatsun Agro Product 1019.35
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.