/ Jubilant Foodworks Trades Lower On Weak Q4 Earnings ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Tuesday, 30 May 2017

Jubilant Foodworks Limited is buzzing on the bourses after reporting poor quarterly results. The stock is the top open interest gainer as of 1128 hours on Tuesday. It is also one of the top five most active stocks by value in the Tuesday’s trade.

The stock is trading weak on Tuesday. It has touched intraday low of Rs 817.2 per share, down by 13.1% on NSE. The stock attracted the traded volume of 34,28,657 shares and traded value of Rs 295.22 Cr.

The standalone revenue for the quarter stood at Rs. 613 Cr, registering 1% Y-o-Y decline. The PAT for the quarter stood at Rs. 6.7 Cr, Y-o-Y decline of 75%.

The board of the company has recommended a dividend of Rs 2.5 per equity share. However, it is trading off its day’s low at Rs 895 per share lower by close to 5%. The company and its subsidiary operate Domino’s Pizza brand with the exclusive rights for India, Nepal, Bangladesh and Sri Lanka.

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