Jubilant Industries Ltd Share Price – NSE  /  BSE

Chemicals, Small Cap

The Board of Jubilant Industries at its meeting held on 27 June 2024 has approved appointment of Mohandeep Singh (DIN: 10661432) as an Additional Director designated as Chief Executive Officer and Managing Director of the Company with effect from 27 June 2024.

The Board has noted the resignation of Jagat Sharma (DIN: 02997958) from the post of Director and Whole Time Director of the Company with effect from the close of business hours on 26 June 2024, citing personal reasons. However, he will continue in the employment of the Company. Sharma has also resigned as Director and Whole Time Director of Jubilant Agri and Consumer Products (Wholly Owned Subsidiary of the Company) (JACPL) with effect from the close of business hours on 26 June 2024. However, he will continue as an employee of JACPL.

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Net profit of Jubilant Industries rose 17.20% to Rs 22.01 crore in the quarter ended March 2024 as against Rs 18.78 crore during the previous quarter ended March 2023. Sales declined 12.64% to Rs 299.59 crore in the quarter ended March 2024 as against Rs 342.92 crore during the previous quarter ended March 2023.

For the full year,net profit declined 54.72% to Rs 28.14 crore in the year ended March 2024 as against Rs 62.14 crore during the previous year ended March 2023. Sales declined 14.94% to Rs 1250.87 crore in the year ended March 2024 as against Rs 1470.54 crore during the previous year ended March 2023.

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Jubilant Industries will hold a meeting of the Board of Directors of the Company on 27 May 2024

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Xchanging Solutions Ltd, Lambodhara Textiles Ltd, VLS Finance Ltd and Entertainment Network (India) Ltd are among the other gainers in the BSE's 'B' group today, 14 February 2024.

Jubilant Industries Ltd spiked 20.00% to Rs 875.4 at 12:02 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 24009 shares were traded on the counter so far as against the average daily volumes of 4967 shares in the past one month.

Xchanging Solutions Ltd soared 17.93% to Rs 152.6. The stock was the second biggest gainer in 'B' group. On the BSE, 7.6 lakh shares were traded on the counter so far as against the average daily volumes of 1.93 lakh shares in the past one month.

Lambodhara Textiles Ltd surged 15.68% to Rs 181.9. The stock was the third biggest gainer in 'B' group. On the BSE, 7461 shares were traded on the counter so far as against the average daily volumes of 18067 shares in the past one month.

VLS Finance Ltd advanced 15.36% to Rs 303. The stock was the fourth biggest gainer in 'B' group. On the BSE, 50194 shares were traded on the counter so far as against the average daily volumes of 34948 shares in the past one month.

Entertainment Network (India) Ltd spurt 15.29% to Rs 300.8. The stock was the fifth biggest gainer in 'B' group. On the BSE, 49732 shares were traded on the counter so far as against the average daily volumes of 41684 shares in the past one month.

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