Religare
With healthy order backlog of Rs 1,572cr, JISL expects a double digit growth in its consolidated revenues in FY17. The company expects its MIS, Foods and Pipes businesses to grow in double digits. The recent foray in solar pump and food retail segment should result in incremental revenues and profits.
Promoters unpledged 7.98% of shares in last quarter. Total pledge stands at 40.77% of promoter holdings
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