Tuesday 15 December 2015

Jain Irrigation gains 1%; AP govt allots 623 acre land in Kurnool

Goverment of Andhra Pradesh has alloted 623.acre land in Kurnool, as per media reports


Jain Irrigation System gained 1% to Rs.42.80 after Goverment of Andhra Pradesh has alloted 623.acre land in Kurnool, as per media reports.

The scrip opened at Rs. 61.9 and has touched a high and low of Rs. 63.4 and Rs. 60.65 respectively. So far 27,75,162 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 2795.82 crore.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 79 on 23-Jul-2015 and a 52 week low of Rs. 50.55 on 25-Aug-2015. Last one week high and low of the scrip stood at Rs. 68.9 and Rs. 60.1 respectively.

The promoters holding in the company stood at 28.69 % while Institutions and Non-Institutions held 40.14 % and 31.01 % respectively.

The stock is currently trading above its 50 DMA.

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