Why is Jubilant Pharmo falling/rising?

Nov 22 2025 12:33 AM IST
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On 21-Nov, Jubilant Pharmova Ltd’s stock price fell by 1.96% to close at ₹1,058.95, continuing a downward trend that has seen the share lose 8.61% over the past four days amid underperformance relative to its sector and broader market indices.




Recent Price Movement and Market Comparison


Jubilant Pharmova’s shares have been under pressure recently, with a one-week decline of 6.20%, contrasting sharply with the Sensex’s modest gain of 0.79% over the same period. The stock’s one-month performance is similarly weak, down 7.47%, while the broader market has advanced by nearly 1%. Year-to-date, the stock has fallen 4.25%, whereas the Sensex has risen by over 9%. Over the past year, the stock has underperformed significantly, delivering a negative return of 7.11% compared to the Sensex’s 10.47% gain. This persistent underperformance has weighed on investor sentiment, contributing to the recent price decline.


On the day of 21-Nov, the stock underperformed its sector by 1.44%, touching an intraday low of ₹1,050.25, down 2.77%. Despite trading above its 200-day moving average, the share price remains below its shorter-term averages, including the 5-day, 20-day, 50-day, and 100-day moving averages, signalling short-term weakness. Notably, investor participation has increased, with delivery volumes rising by 44.49% on 20-Nov compared to the five-day average, indicating heightened trading activity amid the price fall.



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Financial Fundamentals: A Mixed Picture


Jubilant Pharmova presents a complex financial profile. On the positive side, the company boasts a return on capital employed (ROCE) of 9.9%, which is considered attractive, alongside an enterprise value to capital employed ratio of 2.2. These metrics suggest the stock is trading at a discount relative to its peers’ historical valuations, potentially offering value to investors. Furthermore, the company’s profits have increased by 27.7% over the past year, a strong indicator of operational improvement. The price-to-earnings-growth (PEG) ratio stands at 1.2, which is moderate and implies that the stock’s price is reasonably aligned with its earnings growth prospects.


Institutional investors hold a significant 27.09% stake in Jubilant Pharmova, reflecting confidence from entities with substantial analytical resources. This level of institutional ownership often provides some stability and suggests that the company’s fundamentals are being closely monitored by knowledgeable market participants.


Challenges Weighing on the Stock


Despite these positives, several factors have contributed to the stock’s recent decline. The company’s long-term growth outlook appears subdued, with operating profit having contracted at an annualised rate of 6.55% over the last five years. This negative trend raises concerns about the sustainability of earnings growth and the company’s ability to generate consistent returns over time.


Additionally, the company reported flat financial results in September 2025, with a notably low debtors turnover ratio of 0.79 times for the half-year period. This low ratio indicates slower collection of receivables, which can impact cash flow and operational efficiency. Such flat results contrast with the broader market’s performance, where the BSE500 index has delivered an 8.59% return over the past year, highlighting Jubilant Pharmova’s relative underperformance.



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Conclusion: Why the Stock Is Falling


The decline in Jubilant Pharmova’s share price on 21-Nov and over recent weeks can be attributed to a combination of factors. The stock’s persistent underperformance relative to the Sensex and sector peers has eroded investor confidence. While the company shows some attractive valuation metrics and profit growth, concerns over its long-term operating profit decline and flat recent results have overshadowed these positives. The low debtors turnover ratio further signals operational challenges that may affect liquidity and cash flow.


In summary, Jubilant Pharmova’s stock is falling primarily due to its inability to keep pace with broader market gains, coupled with mixed financial signals that raise questions about sustainable growth. Investors appear cautious, reflected in the stock’s recent consecutive declines and underwhelming short-term technical indicators, despite increased trading volumes.





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