Can Jain Irrigation overcome its crisis of rising debt and rating downgrades?
Despite Jain Irrigation's optimistic outlook, investors are not finding any reason to be excited about the company.
Tata Trusts, JISL collaborate for sustainable agri-business
The collaboration between Tata Trusts and JISL is aimed at strengthening the field and market based livelihood of farmers, according to to a release issued here.
Vedanta, Jain Irrigation to sell dollar bonds to overseas investors
Vedanta is planning to raise funds to refinance its existing debt with buying back existing bonds worth nearly $2 bn, to mature in two years.
Jain Irrigation Systems's food division launches 1st branded retail product
The company has already set up plans to expand to rest of Maharasthra, Gujarat, Madhya Pradesh and other states within next six months, it added.
JISL: Investors need to wait for the cool-off phase
Although Jain Irrigation System’s (JISL) operational performance for the June 2010 quarter appears strong, weaker consolidated numbers for FY10 mean the scrip is trading at unsustainably high levels.
JISL acquires food processing unit in Bhavnagar
Jain Irrigation Systems, market leader in drib irrigation equipment, has acquired a food processing unit in Bhavnagar.
Jain Irrigation: NBFC nod positive but no immediate gains
Jain Irrigation's debt-equity ratio has increased to 1.5 and net working capital is up to 1.3 times its investment in fixed assets by the end of September 2011.
Jain Irrigation wins G20 award
quality in the long run.Micro irrigation technology not only saves.
Jain Irrigation Systems Ltd to fully acquire NaanDanJain
Jain Irrigation has signed an agreement to take over the remaining 50 percent of its jointly owned company NaanDanJain from its Israeli partner Kibbutz Naan.
Fitch cuts Jain Irrigation rating to default
It has now marked the company’s rating as ‘Restricted Default’ or ‘RD’.
Jain Irrigations Q1 profit falls 74% to Rs 22 crore
The firm had posted a net profit of Rs 85.18 crore in the year-ago period.
After Market: Tata Motors surges, Infy slips; RBL, LICHFL hit 52-week lows, IRCTC has stellar run
Sensex pared gains, closing 300 points down from day’s high, but 87 points higher at 38,214.
Fitch downgrades Jain Irrigation on concerns over debt levels
The rating agency said it was expecting an improvement in the debt levels.
Jain Irrigation Systems invests USD 48 million to acquire 80% stake in US' AVI, IDC
JISL will acquire the two micro-irrigation companies through its multi-generation wholly-owned subsidiary in US, it said in a BSE filing.
Jain Irrigation surges over 5% on micro irrigation project win
The owner of the project is Tapi Irrigation Development Corporation, Govt of Maharashtra.
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