Rallis India slipped 4.78% to Rs 324.35 after the firm reported 23.81% decline in net profit to Rs 48 crore in Q1 FY25 as compared to Rs 63 crore in Q1 FY24.

Rallis India slides as Q1 PAT drops 24% YoY to Rs 48 crore

Nine out of the 16 analysts tracking the company have a ‘sell’ rating on the stock.

Rallis India Falls To Two-Week Low As Q1 Profit Drops 24%

The agrochemical firm reported a 23.80 per cent year-on-year (YoY) decline in profit after tax (PAT) to Rs 48 crore for the quarter ending June 30, compared to Rs 63 crore in the same period

Rallis India’s stock tanks 7% after sluggish June quarter; profit drops 24%

Earnings

Rallis India standalone net profit declines 23.81% in the June 2024 quarter

Rallis India, a subsidiary of Tata Chemicals, on Thursday reported a 23.80 per cent decline in profit after tax at Rs 48 crore during the quarter ending June 30, compared to the same period in the previous financial year.

Rallis India Q1 results: PAT down 23.8% at Rs 48 cr, revenue at Rs 783 cr

Revenue from operations of the company was flat at Rs 783 crores during the quarter under review compared to Rs 782 crores during the same period of the previous year.

Rallis India Q1 Results: Net profit declines 24% YoY to Rs 48 crore

Upcoming results: Infosys, L&T Technology Services, Tata Communications, Central Bank of India, CIE Automotive India, Dalmia Bharat, Grindwell Norton, Havells India, JSW Infrastructure, Mastek, Newgen Software Technologies, Persistent Systems, Polycab India, Rallis India, Sagar Cements, Shoppers Stop, South Indian Bank, Sterling and Wilson Renewable Energy, Tanla Platforms, and Tata Technologies.

Spotlight

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Subex Ltd, Rallis India Ltd, Castrol India Ltd and MOIL Ltd are among the other gainers in the BSE’s ‘A’ group today, 03 July 2024.

MMTC Ltd leads gainers in ‘A’ group

Rallis India’s net loss in Q4 reduces to Rs 21 crore from Rs 69 crore in the previous year, while revenue from operations declines by 16.63% to Rs 436 crore.

Rallis India Q4 Results: Net Loss Reduces To Rs 21 Crore

Exports see a sharp fall, erratic monsoon impact domestic demand.

Rallis India Q2 Results Review - Headwinds Intensify, Outlook Remains Weak; Maintain ‘Sell’: Dolat Capital

Rallis India stock is set for a new rally, surging 4% on Tuesday. Strong support at ₹213-210, traders can go long at current levels. Accumulate on dips at ₹214, stop-loss at ₹204. Trail up to ₹229, ₹238 when stock reaches ₹243, ₹248 respectively. Risk of loss in trading.

Stock to buy today: Rallis India (₹224.10)

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Rallis India Limited is engaged in the business of manufacture and marketing of Agri Inputs.

Rallis India Ltd