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Jain Irrigation Systems gains on bagging world’s largest integrated micro irrigation project

31 Dec 2013 Evaluate

Jain Irrigation Systems is currently trading at Rs. 72.45, up by 1.50 points or 2.11% from its previous closing of Rs. 70.95 on the BSE.

The scrip opened at Rs. 73.00 and has touched a high and low of Rs. 73.50 and Rs. 72.20 respectively. So far 58,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 86.40 on 15-Jan-2013 and a 52 week low of Rs. 46.10 on 01-Aug-2013.

Last one week high and low of the scrip stood at Rs. 75.10 and Rs. 70.55 respectively. The current market cap of the company is Rs. 3,156.00 crore.

The promoters holding in the company stood at 27.46% while Institutions and Non-Institutions held 53.08% and 19.11% respectively.

Jain Irrigation Systems, the country’s largest Micro Irrigation company and agriculture conglomerate has bagged an order for the prestigious Ramthal-Marol Integrated Micro Irrigation Project in Karnataka. Krishna Bhagya Jal Nigam (KBJNL), a division of Water Resources Department of Karnataka, has selected the company through National Competitive Bidding.

The project is valued over Rs 385.70 crore and is one of its kind with water saving potential of up to 50%. More than 7000 farmers from 30,381 acre command area comprising of 35 villages of Bagalkot district, Karnataka will benefit from the project.

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.

 

Jain Irrigation Sys Share Price

33.05 -1.16 (-3.39%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Supreme Industries 3705.80
Astral 1612.85
Finolex Inds 174.70
Nilkamal 1320.05
Jain Irrigation Sys 33.05
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