Jain Irrigation Systems is currently trading at Rs 91.00, up by 2.25 points or 2.54% from its previous closing of Rs. 88.75 on the BSE.
The scrip opened at Rs. 89.15 and has touched a high and low of Rs. 91.30 and Rs. 88.05 respectively. So far 714408 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 109.25 on 30-Oct-2016 and a 52 week low of Rs. 47.00 on 17-Feb-2016.
Last one week high and low of the scrip stood at Rs. 91.30 and Rs. 84.25 respectively. The current market cap of the company is Rs. 4169.10 crore.
The promoters holding in the company stood at 30.70%, while Institutions and Non-Institutions held 45.81% and 23.33% respectively.
Jain Irrigation Systems’ subsidiary - Jain Farm Fresh Foods, has joined hands with Hindustan Coca Cola Beverages, the bottling arm of The Coca Cola Company, to set up a ultra modern orange processing plant at Amravati in state of Maharashtra. The plant with a capacity to process 500 MT of oranges per day and spread over 100 acres, will be set up with an investment of Rs 150 crore.
Hindustan Coca Cola Beverages is partnering the company in this project and apart from participating in the agri-extension project as an equal partner, they will buy-back 100% of the orange juice and orange juice concentrate that will be manufactured at this plant.
Jain Irrigation Systems is an agri-business company, engaged in manufacture of plastic products, and manufacture of fruit or vegetable juices, their concentrates squashes and powder. Its segments include Hi-Tech Agri Input Products, Industrial Products and Non-conventional Energy.
| Company Name | CMP |
|---|---|
| Supreme Industries | 3705.80 |
| Astral | 1612.85 |
| Finolex Inds | 174.70 |
| Nilkamal | 1320.05 |
| Jain Irrigation Sys | 33.05 |
| View more.. | |
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