Rallis India Ltd.

NSE: RALLIS | BSE: 500355 | ISIN: INE613A01020 | Industry: Agrochemicals
| Mid-range Performer

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Rallis India Ltd.
06 May 2020
328.55
0.37%
ICICI Securities Limited
Rallis reported muted topline growth of 2% YoY to | 346 crore. Growth was hampered by a delay in dispatches for both domestic and international market post lockdown. The delay in dispatches for the domestic market remained at | 16 crore while the same for the international market was at | 53 crore. The crop protection segment posted growth of 1.2% YoY to | 322 crore while the seed business remained at | 24 crore (+4.3% YoY). Higher other expenses due to one-time Covid-19 related charges along with forex MTM impacted EBITDA, which came in at a loss of | 10 crore against...
Rallis India Ltd. is trading above its 200 day SMA of 289.9
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