Jain Irrigation Systems is currently trading at Rs. 37.90, down by 0.65 points or 1.69 % from its previous closing of Rs. 38.55 on the BSE.
The scrip opened at Rs. 38.50 and has touched a high and low of Rs. 38.65 and Rs. 37.30 respectively. So far 256866 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 101.55 on 14-Jun-2018 and a 52 week low of Rs. 35.25 on 11-Jun-2019.
Last one week high and low of the scrip stood at Rs. 43.40 and Rs. 35.25 respectively. The current market cap of the company is Rs. 1886.19 crore.
The promoters holding in the company stood at 28.64%, while Institutions and Non-Institutions held 36.36% and 34.99% respectively.
Jain Irrigation Systems has asserted that it has not defaulted any of its debt obligations. Moreover, the company is confident of executing its plan to bring down its debt by Rs 2,000 crore through corporate action.
The company has a debt equity ratio of 1:1.1 and networth of Rs 4,561 crore including Compulsory Convertible Debenture (CCD).
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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