Jain Irrigation Systems Ltd share Price

Jain Irrigation Systems Ltd is a micro-irrigation company that manufactures a full range of precision irrigation products and a range of pipes. The company, headquartered in Jalgaon, Maharashtra, was founded in 1986. It has offices in 20 Indian cities. 

It is one of India’s leading manufacturers of irrigation devices and other agricultural appliances. Some products included in its High-Tech Agri Input Products Division are sprinkler irrigation systems, solar agro pumps, tissue culture plants, and integrated irrigation projects. The company has a line of plastic products such as polyvinyl chloride pipes and polyethene pipes, engages in agro-procession, and invests in solar energy generation. 

Jain Irrigation Systems Ltd is listed on the Bombay Stock Exchange with code 500219 and on the National Stock Exchange with the ticker JISLDVREQS. Jain Irrigation Systems Ltd’s market capitalisation was Rs 2,010 crore on November 24, 2022.

Until the third quarter of 2022, Jain Irrigation Systems Ltd earned Rs 7,119 crore in revenue, up 25.6% from the previous year’s revenue of Rs 5,667 crore. The company made a profit of Rs 325 crore in 2022, up by 221.9% from 2021.   

Jain Irrigation Systems Ltd’s DVR shares are offered at a discounted price. Altogether, 69.63% of the Jain Irrigation Systems Ltd DVR shares are owned by retail shareholders. The promoters own the remaining 30.37% shares as of November 24, 2022.

Ashok Bhavarlal Jain is the chairman of Jain Irrigation Systems Ltd. He is the eldest son of  Bhavarlal Jain, the founder of Jain Irrigation Systems Ltd., and has been working in the agriculture industry for the past four decades.

On November 24, 2022, Jain Irrigation Systems Ltd. DVR share price closed at Rs 18.95 on NSE, up 1.88% from the previous close at Rs 18.60. Jain Irrigation Systems Ltd DVR share prices have risen by 86.70% over the past three years and dropped by 27.39% in the past 12 months. As of November 24, 2022, the share’s 52-week high was Rs 28.20, and the 52-week low was Rs 17.00.  

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