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1 Comment
Jain Irrigation Systems Limited is currently in a long term uptrend where the price is trading 56.8% above its 200 day moving average.
From a valuation standpoint, the stock is 97.6% cheaper than other stocks from the Industrials sector with a price to sales ratio of 0.2.
Jain Irrigation Systems Limited's total revenue rose by 9.9% to $14B since the same quarter in the previous year.
Its net income has increased by 57.3% to $-1B since the same quarter in the previous year.
Finally, its free cash flow grew by 117.9% to $1B since the same quarter in the previous year.
Based on the above factors, Jain Irrigation Systems Limited gets an overall score of 5/5.
Exchange | NSE |
---|---|
CurrencyCode | INR |
Industry | Conglomerates |
Sector | Industrials |
ISIN | INE175A01038 |
Beta | 1.04 |
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Market Cap | 40B |
PE Ratio | 93.87 |
Target Price | None |
Dividend Yield | None |
Jain Irrigation Systems Limited manufactures and sells micro-irrigation systems in India, Europe, North America, and internationally. The company operates through Hi-Tech Agri Input Products, Plastic, Agro Processing, and Other Business segments. It provides drip irrigation; micro and mini sprinklers; sprinkler irrigation systems; hose reel and boom irrigation; filters, dosing pumps, and injectors; PVC and HDPE pipes and fittings; plastic sheets; hi-tech planting material; environment-controlled agriculture; polypropylene piping products; and plumbing and drainage systems. The company also offers green energy products, including solar photovoltaic (PV) modules, solar pumps, solar off grid power plants, solar rooftop grid connected plants, solar water heating systems, LED based home and street lighting products, LED lanterns, and module mounting structure solutions, as well as undertakes turnkey projects. In addition, it is involved in the fruit, vegetable, and spice processing activities; provision of dehydrated onion and vegetable products, aseptic fruit purees, concentrates, clarified juices, individually quick frozen, and frozen products under the Jain Farm Fresh brand; manufacture of fruit or vegetable juices and their concentrate squashes, powder, and spices; and manufactures and supplies tissue cultured plants and agriculture equipment and inputs. Further, the company engages in distribution of food ingredients, dehydrated onions, and other vegetables; and generates power through solar and biogas power plants. Additionally, the company manufactures and sells plastic sheets; and engages in the food and frozen foods business. Jain Irrigation Systems Limited was founded in 1963 and is headquartered in Jalgaon, India.
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