Jubilant Foodworks Limited listed this morning on the BSE and NSE. The company had tapped the capital markets with an issue which had received excellent response from institutional and non institutional investors. The issue was subscribed 31 times overall. The issue was priced at Rs 145. The issue listed at Rs 161.60 on the BSE and Rs 160 on the NSE respectively. These prices were the lows as well. The highs in the first two 100 minutes of trade were Rs 199 on both the exchanges.
| Exchange | Open | High | Low | Close | Net Change | % gain | Volume | Wt Avg |
| BSE | 161.60 | 199.00 | 161.60 | 198.65 | 53.65 | 37.00 | 10551990 | 192.64 |
| NSE | 160.00 | 199.00 | 160.00 | 198.35 | 53.35 | 36.79 | 20865360 | 192.94 |
| Total | 31417350 |
The stock opened on a positive note and continued to move up. Trading has been brisk and the combined volume has already crossed 1.38 times the issue size. With the stock trading at around the high levels and the weighted average also around Rs 193 which is just about 2% below the current price, things look good for the issue so far. The company has declared its results for the December quarter and also announced revenue and profit guidance for the current year ending March 2010.
Let us see delivery figures and how the stock pans out at the end of the day.
