Jain Irrigation Systems Ltd
JISLJALEQS

112.00

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Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

112.00

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

112.30

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Accumulate
Reco. Price
Rs 113.00
We recommend ACCUMULATE as we expect revenue growth aided by pickup in micro irrigation systems in India. The company has received consolidated order of Rs.17000-Rs18000mn which will offer significant growth prospects. The stock is currently trading at P/E of 16x on FY18E earnings. (Target Price– Rs.122.6)
Detailed View
50 DMA (.)
97.76
100 DMA (.)
94.17
200 DMA (.)
90.81
Weekly Range (.)
109.60
119.70
Monthly Range (.)
92.70
119.70
52 Weeks Range (.)
59.90
119.70
Detailed Chart
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