FrontPage is India's Stock Market Social Network
Join 50,000+ Traders and Investors
forum
JISLJALEQS Share Price Target
Jain Irrigation Systems Ltd.
NSE: JISLJALEQS | BSE: 500219 | ISIN: INE175A01038 | Sector: Agriculture/Horticulture/Lives
JISLJALEQS Rating
- ★★
- ★★
- ★★
- ★★
- ★★
5/5 (2 Ratings)
JISLJALEQS Share Price *
7 +0.1 (1.45%)
* (quote may be delayed)
1 JISLJALEQS share price target reports by brokerages below. See what is analyst's view on JISLJALEQS share price forecast, rating, estimates, valuation and prediction behind the target. You may use these research report forecasts for long-term to medium term for your investment or trades in 2020.
You can also find JISLJALEQS share price target tomorrow or next week from JISLJALEQS discussion forum.
JISLJALEQS Share Price Forecast - Consensus
| No. of reports in last year | 1 |
| No. of analysts | 1 |
| Average Consensus Forecast | 60.00 |
| Consensus Potential | 88.50% |
JISLJALEQS Share Price Target - Broker Reports - 2019
Karvy Stock Broking
6-Jun-19
Price @ Call: 45.68
Target: 60
BUY
Given the backdrop of government’s thrust on irrigation and sustainable management of water resources and Jain Irrigation Systems Ltd. being the largest player in this segment of business makes the stock value investing. However, steady yearly performance, inability of the management to reduce its debt and greater share of export business which is vulnerable to foreign exchange rate risk, makes stock riskier proposition. We value the stock PE 7.8x of FY21E EPS and have arrived at downwardly revised TP of Rs. 60 with potential upside of 33%. Seasonality of business and government policies could be key risks to valuation.
Karvy Stock Broking
15-Feb-19
Price @ Call: 55.6
Target: 80
BUY
Globally, the significance of MIS as efficient tools of irrigation has been recognized. However, its penetration across the world is still very low. Penetration of MIS in India is merely about 6% against 90% in Israel and 78% in Russia. Jain Irrigation Systems Limited with the status of being 2nd largest producers of MIS and huge distribution network across world is well positioned to capitalize on opportunities. Besides, management has expressed its intent to bring down debt significantly by monetizing its assets. In the process if IPO for Food Processing business is brought, the move will be value unlocking. Given this backdrop, the company seems to be value investing. We have valued the stock at PE 6.3x of FY21E EPS and have arrived at TP of Rs. 80 with potential upside of 44%. Seasonality of business and government policies could be key risks to valuation.
JISLJALEQS Share Price Target - Broker Reports - 2018
Karvy Stock Broking
24-Aug-18
Price @ Call: 75.69
Target: 102
BUY
Centrum
20-Aug-18
Price @ Call: 75.8
Target: 129
BUY
KRChoksey
17-Aug-18
Price @ Call: 76.22
Target: 163
BUY
Centrum
1-Mar-18
Price @ Call: 116.11
Target: 139
ACCUMULATE
Edelweiss
1-Feb-18
Price @ Call: 139.95
Target: 162
BUY
JISLJALEQS Share Price Target - Broker Reports - 2017
Karvy Stock Broking
23-Nov-17
Price @ Call: 112.86
Target: 140
BUY
Edelweiss
15-Nov-17
Price @ Call: 102.85
Target: 129
BUY
SMC Research
14-Sep-17
Price @ Call: 105.1
Target: 144
BUY
KRChoksey
4-Sep-17
Price @ Call: 98.95
Target: 162
BUY
Centrum
22-Aug-17
Price @ Call: 96
Target: 112
ACCUMULATE
IIFL
18-Aug-17
Price @ Call: 97.9
Target: 130
BUY
Edelweiss
17-Aug-17
Price @ Call: 95.05
Target: 137
BUY
Sharmilajoshi.com
1-Aug-17
Price @ Call: 105.25
Target: 135
HOLD
Edelweiss
20-Jul-17
Price @ Call: 110
Target: 142
BUY
Centrum
6-Jun-17
Price @ Call: 102.05
Target: 112
ACCUMULATE
Centrum
20-Feb-17
Price @ Call: 95
Target: 105
ACCUMULATE
Edelweiss
16-Feb-17
Price @ Call: 93
Target: 135
BUY
JISLJALEQS Share Price Target - Broker Reports - 2016
Edelweiss
31-May-16
Price @ Call: 65
Target: 100
BUY
Centrum
17-Nov-16
Price @ Call: 89
Target: 105
ACCUMULATE
Edelweiss
15-Nov-16
Price @ Call: 86
Target: 102
BUY
Centrum
1-Sep-16
Price @ Call: 87.85
Target: 95
ACCUMULATE
- keyboard_arrow_down
JISLJALEQS Peer Stocks - Share Price Targets
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
DISCLAIMER: Information is provided "as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and FrontPage will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein.