Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
79.85
Change Change %
-0.20 -0.25%

Updated:21 Sep, 2018, 15:59 PM IST

BSE
79.85
Change Change %
-0.50 -0.62%

Updated:21 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Morgan Stanley
N/A
23-06-2016 Buy 68.65 92.00
N/A
Target Hit Long (1Y)
23-06-2017

Morgan Stanley upgrades Jain Irrigation to overweight

Morgan Stanley has upgraded Jain irrigation to "overweight" from "equalweight" earlier and increased target price to Rs 92 against Rs 72 earlier. High leverage was key concern. Balance sheet is recapitalised with lower interest cost. We expect around 70 per cent CAGR in earnings over FY17-19.

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