Jain Irrigation Systems Ltd.

NSE: JISLJALEQS | BSE: 500219 | ISIN: INE175A01038 | Industry: Plastic Products
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60.8000 1.28 (2.15%)
NSE Mar 21, 2025 15:31 PM
Volume: 3.9M
 

60.80
2.15%
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.
Jain Irrigation Systems Ltd. is trading above its 30 day SMA of 60.8
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