Jain Irrigation Systems Ltd.

NSE: JISLJALEQS | BSE: 500219 | ISIN: INE175A01038 | Industry: Plastic Products
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57.6000 0.33 (0.58%)
NSE May 28, 2025 12:42 PM
Volume: 2.6M
 

57.60
0.58%
Religare
Jain Irrigation Systems Ltd (JISL) reported a strong Q4FY17 result, in-line with our expectations. Net sales increased by 9.9% yoy, led by healthy growth in all the business divisions. EBITDA increased by 9.4% yoy while PAT jumped up by 78% yoy to Rs 44.4crs. The company's debt repayment initiative has paid off well resulting in saving in interest cost in Q4FY17. Maintain BUY.
Promoters unpledged 10.14% of shares in last quarter. Total pledge stands at 48.75% of promoter holdings
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