INSUBCONTINENT EXCLUSIVE:
Independent analyst Kunal Bothra has a sell call on Jain Irrigation Systems Ltd
with a target price of Rs 57
The current market price of Jain Irrigation Systems Ltd
Time period given by the analyst is Intra Day when Jain Irrigation Systems Ltd
price can reach the defined target
Kunal Bothra recommended to keep stoploss at Rs 63
Jain Irrigation Systems Ltd., incorporated in the year 1986, is a midcap company with a market cap of Rs 3015.42 crore.
Jain Irrigation
key Products/Revenue Segments include Plastic Products which contributed Rs 3829.41 Crore to Sales Value (88.30 % of Total Sales), Other
Services which contributed Rs 416.00 Crore to Sales Value (9.59 % of Total Sales), Other Operating Revenue which contributed Rs 90.88 Crore
to Sales Value (2.09 % of Total Sales) and Scrap which contributed Rs .12 Crore to Sales Value (0.00 % of Total Sales)for the year ending
For the quarter ended 31-12-2018, the company has reported a Consolidated sales of Rs 2037.69 Crore, up 7.52 % from last quarter Sales of
Rs 1895.11 Crore and up 7.84 % from last year same quarter Sales of Rs 1889.63 Crore Company has reported net profit after tax of Rs 91.11
Mr.Ghanshyam Dass, Mr.R Swaminathan, Mr.Vasant V Warty, Mrs.Radhika Pereira
Company has Haribhakti Co
LLP as its auditoRs As on 31-12-2018, the company has a total of 496,366,053 shares outstanding.
