Prabhudas Lilladhar
Domestic business up 9% YoY largely from price led growth. Rallis India's (RALI) 3QFY22 results were broadly in line with ours as well as consensus estimates. Key highlights are: 1) domestic revenue grew 9% YoY largely from price-led growth (9MFY22 +12% YoY); while crop care segment was up 13% YoY (9MFY22 +12% YoY); 2) export revenue surged 19% YoY...
Rallis India Ltd. is trading above all available SMAs
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