Jain Irrigation Systems shares rose around 4% intraday Thursday as CO won a big order worth INR 584 crore. The company has also won one more big order of integrated micro-irrigation project in the state of Karnataka. This project is pioneered by the Jain Irrigation firm and based on the concept of Resource to Root that fulfills the primary objective of “Per Drop More Crop” and Pradhan Mantri Krishi Sinchai Yojana (PMKSY) to reform the irrigation sector.

Karnataka Neeravari Nigam is a division of Water Resources Department and placed an order on the Jain Irrigation company through competitive bidding.

At 3:57 PM, December 13, 2018, the share price was quoting INR 66.25 up INR 1.60 or 2.47%.

About Jain Irrigation:

Jain Irrigation is now a well-known brand with a global presence with 30+ manufacturing units spread over 4 continents and supply products in 125+ countries and working with 11,000+ distributors and dealers around the world.