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23-May2018

Jain Irrigation strengthens on the bourses

Jain Irrigation Systems is currently trading at Rs. 61.30, up by 0. 25 points or 0.41% from its previous closing of Rs. 61.05 on the BSE.

The scrip opened at Rs. 63.00 and has touched a high and low of Rs. 63.00 and Rs. 60.10 respectively. So far 126667 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 99.95 on 05-Jan-2018 and a 52 week low of Rs. 56.00 on 05-Sep-2017.

Last one week high and low of the scrip stood at Rs. 63.00 and Rs. 58.05 respectively. The current market cap of the company is Rs. 5077.82 crore.

The promoters holding in the company stood at 28.46%, while Institutions and Non-Institutions held 40.53% and 31.01% respectively.

Jain Irrigation Systems will execute integrated Drip Irrigation project in Vidarbha region, Maharashtra. Value of the project is Rs 239.17 crore and project shall be executed within 24 months.

More than 10,000 farmers and 20,748 acre command area covering 65 villages of Arvi Taluka of Wardha district of Maharashtra will be benefited from the project.
Jain Irrigation Systems is early pioneer for IOT in the agriculture sector and is leading efforts to create global solutions with precision agriculture.


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