June 24, 2019 10:26 AM

JAIN IRRIGATION share price has zoomed 5% and is presently trading at Rs 27.

Meanwhile, the BSE CAPITAL GOODS Index is at 19,795 (up 0.1%).

Among the top Gainers in the BSE CAPITAL GOODS Index today are JAIN IRRIGATION (up 5.2%) and SUZLON ENERGY (up 10.3%).

HAVELLS IND and GRAPHITE INDIA (down 0.1%) are among the top losers today.

Over the last one year, JAIN IRRIGATION has moved down from Rs 94 to Rs 27, registering a loss of Rs 68 (down 72.2%).

On the other hand, the BSE CAPITAL GOODS has moved up from 17,771 to 19,795, registering a gain of 2,024 points (up 10.5%) during the last 12 months.

The top gainers among the BSE CAPITAL GOODS Index stocks during this same period were HAVELLS IND (up 47.7%), HONEYWELL AUTOMATION (up 32.0%) and ABB INDIA (up 29.6%).

What About the Benchmark Indices?

The BSE Sensex is at 39,300 (down 0.2%).

The top gainers among the BSE Sensex stocks today are YES BANK (up 1.7%), INDUSIND BANK (up 0.8%) and BHARTI AIRTEL (up 0.7%). Other gainers include ITC (up 0.5%) and SBI (up 0.4%). The most traded stocks in the BSE Sensex are YES BANK and SBI.

In the meantime, NSE Nifty is at 11,754 (down 0.1%). UPL (up 3.4%) and YES BANK (up 2.2%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,432 to 39,300, registering a gain of 3,868 points (up 10.4%).

JAIN IRRIGATION Financial Update...

JAIN IRRIGATION net profit down at Rs 555 million for the quarter ended March 2019, compared to a loss of Rs 911 million a year ago. Net Sales rose 26.8% to Rs 25.8 billion during the period as against Rs 20.4 billion in January-March 2018.

For the year ended March 2018, JAIN IRRIGATION reported 25.6% increase in net profit to Rs 2.2 billion compared to net profit of Rs 1.8 billion during FY17.

Revenue of the company grew 15.3% to Rs 80 billion during FY18.

The current Price to earnings ratio of JAIN IRRIGATION, based on rolling 12 month earnings, stands at 5.1x.