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The net profit, which was the highest ever posted by an Indian company, skyrocketed 565 per cent year-on-year (YoY) in the July-September period from Rs 2,758 crore, an exchange filing.

Promoters held 41.94 per cent stake in the company as of 30-Sep-2021, while FII and DII ownership stood at 41.41 per cent and 9.41 per cent, respectively.

The stock quoted a 52-week high of Rs 1727.9 and a 52-week low of Rs 358.95.

“At some point of time, the market will correct, valuations will correct and these issues will also correct. But before that, can they give you 30-40% return or more? Looks like yes. So, why should you miss: Identify your risk profile and invest in them.”

A total of 50,378 shares changed hands on the counter till 11:12AM (IST).

Data showed the number of analysts recommending a sell call on the stock — Nifty50’s top performer in 2021 — dropped to two from five a month ago, while those recommending a buy call on the stock rose to 23 from 18.

Jubilant Foodworks Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 53278.54 Crore) operating in Tourism & Hospitality sector.

Gold futures on MCX were trading lower by 0.23 per cent or Rs 114 at Rs 49,200 per 10 grams. Silver futures were down 0.90 per cent or Rs 601 at Rs 66,543 per kg.

The issue of Tarsons Products is a mix of fresh equity shares worth Rs 1,500 crore, with a face value of Rs 2 each, and an offer for sale (OFS) of 13,200,000 equity shares aggregating to Rs 873.47 crore by existing shareholders. The company is selling its shares in the range of Rs 635-662.

The initial stake sale of PB Fintech was open for subscription between November 1-3. The fintech startup raised Rs 5,625 crore via the primary route, selling its shares in the range of Rs 940-980 apiece.