Jain Irrigation gains 4% on order win worth Rs 584 crore

The project is based on Resource To Root concept pioneered by Jain Irrigation.

Shares of Jain Irrigation Systemsadvanced 4.3 percent intraday Thursday as company bagged an order worth Rs 584 crore.

The company has bagged one more order of integrated micro irrigation project in Karnataka. The project is based on Resource To Root concept pioneered by Jain Irrigation.

Karnataka Neeravari Nigam a division of Water Resources Department of Karnataka has placed this order on the company through National Competitive Bidding.

At 15:25 hrs Jain Irrigation Systems was quoting at Rs 66.75, up Rs 2.05, or 3.17 percent.

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