Thursday 31 March 2016

Jain Irrigation up 2%; Jain Farm Fresh Foods raises Rs. 402 crore

The company's arm Jain Farm Fresh Foods has raised Rs. 402 crore through equity issuance.

Jain Irrigation Ltd was up 2% at Rs. 38. The company's arm Jain Farm Fresh Foods has raised Rs. 402 crore through equity issuance.
The scrip opened at Rs. 59.25 and has touched a high and low of Rs. 60.35 and Rs. 59.25 respectively. So far 1955952(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 2676.65 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. 47 on 17-Feb-2016. Last one week high and low of the scrip stood at Rs. 59.45 and Rs. 56.5 respectively.

The promoters holding in the company stood at 28.7 % while Institutions and Non-Institutions held 50.23 % and 20.91 % respectively.

The stock is currently trading above its 200 DMA.

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