Buy Jain Irrigation Systems, target Rs 115.0 : Manas Jaiswal

Manas Jaiswal of manasjaiswal.com has buy call on Jain Irrigation Systems Ltd. with a target price of Rs 115.
The current market price of Jain Irrigation Systems Ltd. is Rs 106.5.
Time period given by analyst is intraday when Jain Irrigation Systems Ltd. price can reach defined target.
Manas Jaiswal recommended to keep stoploss at Rs 103.
Jain Irrigation Systems Ltd., incorporated in the year 1986, is a Mid Cap company (having a market cap of Rs 5137.42 crore) operating in Agriculture/Horticulture/Lives sector.
Jain Irrigation Systems Ltd. key Products/Revenue Segments include Piping Systems which contributed Rs 1931.09 crore to Sales Value (37.75 % of Total Sales), Microreo Irrigation Systems And Other Agri. Related Products which contributed Rs 1905.67 crore to Sales Value (37.25 % of Total Sales), Fruit Puree & Concentrate which contributed Rs 563.97 crore to Sales Value (11.02 % of Total Sales), Dehydrated Onions & Vegetables which contributed Rs 273.74 crore to Sales Value (5.35 % of Total Sales), Plastic Sheets which contributed Rs 134.57 crore to Sales Value (2.63 % of Total Sales), Tissue Cultured Plants which contributed Rs 108.88 crore to Sales Value (2.12 % of Total Sales), Solar Photovoltaic (SPV) System which contributed Rs 94.64 crore to Sales Value (1.85 % of Total Sales), Other Operating Revenue which contributed Rs 67.20 crore to Sales Value (1.31 % of Total Sales), Solar Water Heating System & System Comp. which contributed Rs 25.48 crore to Sales Value (0.49 % of Total Sales) and Others which contributed Rs 9.63 crore to Sales Value (0.18 % of Total Sales)for the year ending 31-Mar-2016.