Promoter of Jain Irrigation release pledge on 15 lakh shares

India Infoline News Service | Mumbai | September 13, 2017 11:34 IST

Jain Irrigation Systems advanced over 1% on reports of the removal of shares pledged with lenders.

Jain Irrigation Systems advanced over 1% on reports of the removal of shares pledged with lenders.
 
The promoter of Jain Irrigation had released pledge on 15 lakh equity shares on September 11, reported a leading business channel on Wednesday.
 
Jain Irrigation Systems was trading at Rs 107.55 per share, up by Rs 1.25 or 1.18% as at 1042 hours on Wednesday, on the BSE. The stock attracted a traded volume of 15,29,429 shares and traded value of Rs 1,634.04 lakh on the NSE.
 
The company had hit its 52-week high of Rs 119.70 on April 25, 2017, and 52-week low of Rs 79.70 on December 22, 2016, on the NSE.
 
Jain Irrigation Systems Limited is an agri-business company. The company is engaged in the 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.

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