Jain Irrigation announced solid results

Thebullishtrends: Jain Irrigation shares are trading at Rs.633. Jain Irrigation has announced Q3 results yesterday after the trading hours. The sales of the company at Rs.411.7 Crores have exhibited a growth of about 36% as compared to last year. The Order book for the last quarter is upwards of Rs.600 cr. EBIDTA at Rs.203.1 cr is almost 70% higher as compared to last year's level. The PAT for the 9 months period is Rs.103.91 cr is 58.3% higher than the last year's corresponding level. There is a possibility of the action in this counter today.