Why is Jubilant Food falling/rising?
As of 02-Sep, Jubilant Foodworks Ltd is currently priced at 634.55, reflecting a recent upward change of 0.53%. Despite short-term underperformance and a year-to-date decline of 11.51%, the company has shown strong long-term growth with a 20.26% annual increase in net sales.
As of 02-Sep, Jubilant Foodworks Ltd is experiencing a price increase, with its current price at 634.55, reflecting a change of 3.35 or 0.53% upward. The stock has shown a consecutive gain over the last two days, rising by 1.35% during this period. However, it has underperformed its sector by 0.25% today and has a delivery volume that has fallen significantly by 51.58% compared to the 5-day average. Over the past week, the stock has declined by 1.01%, and year-to-date, it has dropped 11.51%. Despite these challenges, the company has demonstrated healthy long-term growth with a net sales increase of 20.26% annually, and positive quarterly results, including a 67% growth in PAT and the highest operating profit to interest ratio at 3.96 times.In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has decreased by 0.78% over the past week and 0.55% over the past month. While Jubilant Foodworks has underperformed in the short term, it has shown resilience with a positive return over the last three years at 4.61%, albeit significantly lagging behind the Sensex's 36.32% return in the same period. The stock is currently trading at a discount compared to its peers, which may attract investors looking for value, despite its recent profit decline of 3.7% over the past year.
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