Invest in the best stock opportunities right now and every-time.
Start Systematic Stock Investing ...in less than a minute.
Jain Irrigation Systems is currently trading at Rs. 60.20, down by 3.10 points or 4.90% from its previous closing of Rs. 63.30 on the BSE.
The scrip opened at Rs. 61.50 and has touched a high and low of Rs. 61.50 and Rs. 59.20 respectively. So far 250774 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 97.00 on 03-Sep-2014 and a 52 week low of Rs. 55.30 on 13-May-2015.
Last one week high and low of the scrip stood at Rs. 66.80 and Rs. 60.55 respectively. The current market cap of the company is Rs. 2632.13 crore.
The promoters holding in the company stood at 28.69% while Institutions and Non-Institutions held 43.51% and 27.67% respectively.
Jain Irrigation Systems is planning to achieve double-digit growth in its top-line in FY16. The company is expecting about 15 per cent growth in its piping business, while its irrigation segment is expected to grow 10 per cent. The company’s food processing business is doing well and in this segment the company is expecting 15-20 per cent growth this fiscal.
The company is also looking at strengthening its presence through end-to-end solutions from creating of resource (water), usage of water appropriately and market linkage.
Jain Irrigation Systems is a manufacturer of a wide variety of PVC pipes, PE pipes, water and gas transportation pipes, ducts for optical fibre cables and drip irrigation pipes. It is also engaged in tissue culture of bananas and pomegranates and is the world’s largest processor of mangoes and is the world’s second largest processor of onions and vegetables.
| Company Name | CMP |
|---|---|
| Supreme Industries | 5497.00 |
| Astral | 2142.75 |
| Finolex Inds | 310.85 |
| EPL | 186.55 |
| Jain Irrigation Sys | 61.20 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Download APP
