NSE Symbol: JISLJALEQS | BSE Code: 500219
Jain Irrigation Share Price Performance
It has received much attention from a substantial price movement on the National Stock Exchange of India over the last few months, increasing to â‚¹101.8 at a point, and dropping down to â‚¹73.9. This high level of volatility gives the opportunity for investors to enter into the stock, and potentially buy at a low Jain Irrigation share price. To answer the question that is whether the 'Jain Irrigation Systems' current trading price of â‚¹66.95 is reflective of the real value of the small-cap? Alternatively, is it currently undervalued, giving an opportunity to buy? Let’s take a look at Jain Irrigation Systems outlook and value, based on the most recent financial data to determine if there are any catalysts for a price change in the stock value.
The Jain Irrigation Share Price seems fairly valued at the moment according to the new valuation model. It’s trading around 19.4% below the intrinsic value, which means if you buy Jain Irrigation Systems stocks today, you’d be paying a reasonable price for it. Moreover, if you believe the real value of the company is â‚¹99.58, then there is nothing much to gain from the low pricing. So, now the question is that is there another chance to buy low in the future? Given that Jain Irrigation Systems share is relatively volatile (i.e., the price movements are magnified in comparison to the remaining market) which means the price can sink lower, giving an opportunity to buy. It is based on its high beta, which is a good indicator for share price volatility.
Investors looking for growth in the portfolio should consider the prospects of a company before buying its shares. Hiring a great company with a robust outlook at a low price is always a significant investment, so it is essential to have a look at the future expectations of the company. With the profit that is expected to grow by 65.0 percent over the next couple of years, the future looks bright for Jain Irrigation Systems share price. It seems that higher cash flow is on the cards for the stocks, which should feed into a higher share valuation.
Jain Irrigation Systems Limited (NSE: JISLJALEQS), is in the machinery business and is based in India. Together with the subsidiaries, the company engages in the agriculture business in Europe, North America, India, and internationally. The company operates in Hi-Tech Agri Input Products, Industrial Products, and Non-Conventional Energy segments. It supplies agricultural equipment, such as PE pipes and fittings, plumbing systems, EX-CEL plastic sheets, drip irrigation systems, sprinkler irrigation systems, PVC pipe, the pipe fittings, and HDPE piping systems. The company also provides the protected cultivation products, such as greenhouses, poly houses, tunnels, and net houses; and manufactures the solar photovoltaic modules, solar pumping systems, solar lighting and appliances, solar water heaters, bio-energy products, and steam generation systems.
Along with that, the company also offers bio-fertilizers; dehydrated onion products, frozen fruits, purees, pulp, and concentrate; tissue cultivated plants for bananas, pomegranates, and strawberries; and the cultivation and agricultural consultancy services. Further, the company also provides turnkey solutions and the project execution services for polyethylene and PVC piping systems, along with the design, material selection, supply, installation, testing, site survey, commissioning, and training. The Jain Irrigation Systems Limited was incorporated in 1963 and is headquartered in Jalgaon, India.
Opportunity in Jain Irrigation Share Price:
Price is just the iceberg tip. The investor should dig deeper into the fundamentals before deciding on Jain Irrigation Systems stocks to buy.
The fundamentals are:
Future Earnings: How does the growth rate of JISLJALEQS is compared to its peers and the wider market?
The current Jain Irrigation Systems Ltd share price is Rs 66.90, and the company is expected to be at Rs 93.06 in the future.