Extremely bullish on Jain Irrigation: Rajen Shah, Angel Broking
I see very less downside in the stock and more upside. The risk reward is very much in favour of reward.
In a chat with ET Now, Rajen Shah, Chief Investment Officer, Angel Broking, shares his views on Jain Irrigation.
ET Now: What is your call on Jain Irrigation?
Rajen Shah: I am extremely bullish on the irrigation business and Jain Irrigation has been hammered out of shape at about 75 levels. I see very less downside in the stock and more upside. The risk reward is very much in favour of reward. There are plenty of opportunities like this in agriculture space. I have been bullish on the space for the past three years and I continue to remain bullish. So, Jain Irrigation would certainly find a place in ones portfolio.
Download ET Markets APP