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Friday, January 13, 2017

Jubilant Industries Basks In The Glory Of Making A New High


Jubilant IndustriesIntraday on Friday, Jubilant Industries share price zoomed up by 16 per cent to touch a new high of Rs. 344.95. The stock opened at Rs. 293.80 as compared to its previous closing at Rs. 291. The stock touched the days low at Rs. 286.00. Approximately 7,95,874 shares are traded in the counter with a traded value of Rs. 2,616.36 lacs, as per NSE.
Jubilant Industries Limited is involved in the business of manufacturing of Indian-made foreign liquor (IMFL) products for the different brands in India, engaged in liquor business. The Company's segments are Performance Polymer, Agri Products and Retail. The Performance Polymer segment includes adhesives and wood finishes, food polymer (solid Polyvinyl Acetate (PVA)) and latex. The Agri Products segment constitutes single super phosphate, sulfuric acid and agro chemicals for crop product. The Retail segment is engaged in running and maintaining hypermarket cum malls. Its agribusiness offers a range of products in Crop Nutrition, Crop Growth Regulator and Crop Protection categories under the brand Ramban. It is associated with the manufacturing of organic manure granules and trading of agrochemical products. The Company has a product portfolio which covers a range of products for both business-to-business (B2B) and business to consumer (B2C) customers.
The Average Daily Movement of the stock is 18.23 and its average volume for last 20 days is87600. The stock yields -2.28 per cent monthly returns and has the book value of 36.64. The market cap of the company amounts to Rs. 346.73 (Cr).
Jubilant Industries share price settled at Rs. 337.25. 
Jubilant Industries is one of the top 500 performing stocks for this quarter as identified by Dynamic Levels. In order to acquire further details on the support and resistance refer to Jubilant Industries share price history.

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