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Jubilant Foodworks Ltd. Shines at the Stock Market with Rise in Shares

Jubilant Foodworks Ltd. saw a rise in shares at the February 22, 2021, trading session.

Shipra Singh
Taking the Bull by the Horns
Taking the Bull by the Horns

Jubilant Foodworks Ltd. saw a rise in its shares in the trading session of Monday, February 22, 2021. The shares rose to 4.13% to Rs. 3073.00 at 10:05 am (IST). The company quoted Rs. 40290.81 crores as market cap on the BSE.

At the end of the quarter upto December 31, 2020, the company witnessed consolidated sales of Rs. 1085.15 crores. This is a rise of 0.22% as compared with the results of the same quarter in 2019.

For the latest quarter, the company has reported a YoY growth of 21.95% with a net profit of Rs. 124.13 crores.

Jubilant Foodworks’ shares rose even when the benchmark NIFTY was at 14921.70. This was down by 60.05 points.

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