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Jain Irrigation in advanced talks to sell 30% in NBFC

04 Feb 2011 Evaluate

Jain Irrigation Systems is in advanced talks with two to five entities, including private equity players, to sell 30 percent stake in its non-banking financial venture. The company expects its receivables to come down by 10 billion rupees in two years due to its non-banking financial venture. crackcrack

Peers
Company Name CMP
Supreme Industries 3500.65
Astral 1460.00
Finolex Industries 157.05
Nilkamal 2067.60
Jain Irrigation Sys 30.01
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