There is lot of selling pressure, because retailers have lot of shares allotted to them when compared to other issues. otherwise there was no way it would have come down below 138-140
it is good share to hold jain irrigation is planning to spilt the company into one irrigation service and another value add FMCG this will bring value to the company also will bring the debt down when it was 50 i told the forum it is good buy at those price given the div payout and book to value. I am holding this stock if this spilt happens we could see three fig price soon..... also with good Monsoon it will have positive effect on topline. one issue is debt which is effecting the working capital once this is fixed re rating is on card