Jubilant Share Price turns Volatile on 8th Feb Trade

February 08, 2017 - 01:22:15 PM

JubilantJubilant share price was trading above 0.27 per cent from its previous closing of Rs. 704.45 on the NSE. The scrip opened at Rs. 709 and has touched a high and low of Rs. 718.90 and Rs. 693 respectively. So far 4,99,946 shares are traded on the counter with a traded value of Rs. 3,535.22 lacs.

The stock has a face value Rs. 1 has touched a 52 week high of Rs. 765.00 on 7th Feb 2017 and a 52 week low of Rs. 278.80 on 12th Feb 2016. Last one week high and low of Jubilant share price stood at Rs. 765.00 and Rs. 671.60 respectively. The current market cap of the company is Rs. 11320.91 crore. The promoters holding in the company stood at 54.02 per cent, while institutions and non-institutions held 26.50 per cent and 19.47 per cent respectively.

Jubilant Life Sciences has been given an approval for acquisition of 18,66,20,000 12 per cent Optionally Convertible Non-cumulative Redeemable Preference Shares of Rs 10 each of Jubilant Biosys at par aggregating to Rs 186.62 crore, subject to applicable laws. The board of directors at its meeting held on February 07, 2017, has approved for the same. At 12.30 pm, Jubilant share price is quoting below 0.30 per cent at Rs. 702.00.

Jubilant Life Sciences is involved in the manufacturing and supply of active pharmaceutical ingredient (APIs), solid dosage formulations, radio pharmaceuticals, allergy therapy products and life science ingredients. It also provides services in contract manufacturing of sterile injectables and ointments, creams and liquids and drug discovery and development.Jubilant is a multibagger stock for this quarter as recognized by Dynamic Levels, based on their technical and fundamental research, it is seen to have traded in very high volumes. Multibagger stocks have a great potential to grow in the long run.

In order to know about the support and resistance levels of the scrip and also its fundamentals and financials, please a pay a visit to Jubilant share price history.

CIN: U67190WB2003PTC096617. Trading in Commodities is done through our Group Company Dynamic Commodities Pvt. Ltd. The company is also engaged in Proprietory Trading apart from Client Business.

Disclaimer: There is no guarantee of profits or no exceptions from losses. The investment advice provided are solely the personal views of the research team. You are advised to rely on your own judgment while making investment / Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. You should read and understand the Risk Disclosure Documents before trading/Investing.

Disclosure: We, Dynamic Equities Private Limited are also engaged in Proprietory Trading apart from Client Business. In case of any complaints/grievances, clients may write to us at compliance@dynamiclevels.com

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