Jain Irrigation share price closed at Rs 96.65, up by 0.65 points 1.15 per cent from its previous closing of Rs 95.75 on the BSE. The share price opened at Rs 97.20 and has touched a high and low of Rs 98.85 and Rs 95.10 respectively. Today 72,80,516 shares were traded on the counter.
The BSE group 'A' stock has a face value Rs. 2. It has touched a 52 week high of Rs 101.40 on 16th September 2016 and a 52 week low of Rs. 46.80 on 17th February 2016. Last one week high and low of the shares has been recorded as Rs. 97.00 and Rs. 84.00 respectively. The present market cap of the company is Rs 4431.40 crores.
The promoters holding in the company stood at 30.90 per cent, while Institutions and Non-Institutions held 48.10 per cent and 20.84 per cent respectively. Jain Irrigation Systems (JISL) is one of the leaders in providing end-to-end solutions of PVC / PE Piping Systems in India and has secured an order worth Rs 284.43 crores under AMRUT Scheme also Atal Mission for Rejuvenation and Urban Transformation.
The company has recently bagged first order worth Rs 201.83 crores for 24x7 city water supply project located at Bijapur city under AMRUT scheme, while other order is worth Rs 82.60 crores for city water supply project at Bagalkot. This project is for design as well as execution of over 24 to 36 months and O&M for 60 months.
The Company’s deliverables under these projects includes surveys, benchmarking, design, implementation along with commissioning of continuous pressurized distribution system and also setting up house service connections.
Jain Irrigation is engaged in manufacturing as well as supplying drip, sprinkler irrigation systems and components. The Company’s products include polyethylene and polypropylene piping systems, plastic sheets, dehydrated onions and vegetables, processed fruits, tissue culture, hybrid and grafted plants, bio-fertilizers, solar water heating systems and solar photovoltaic appliances and bio-energy sources.
Jain Irrigation is one of the top 500 shares recommended by the research and analysis team of Dynamic Levels. Get the important levels of support and resistance at Jain Irrigation share price forecast.
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