Accumulate Jain Irrigation Systems Ltd., target Rs 95.0 : Centrum Wealth Management Limited

Centrum Wealth Management Limited has Accumulate call on Jain Irrigation Systems Ltd. with a target price of Rs 95.0. The current market price of Jain Irrigation Systems Ltd. is 87.85. Time period given by analyst is year, when Jain Irrigation Systems Ltd. price can reach defined target. Centrum Wealth cited the improvement in its business resulting in better perfor mance this quarter. The brokerage said the working capi tal continues to remain high along with low return ratios.