Current price is more than the intrinsic value

Intrinsic value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

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

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

ICICI Direct recommended hold rating on Rallis India with a target price of Rs 225 in its research report dated January 20, 2023.

Hold Rallis India; target of Rs 225: ICICI Direct

Rallis India, one of the largest agro-chemical company in India, has been underperforming the market owing to various factors. Also, in the past 24 quarters, the stock has reacted positively only twice post reporting its earnings.
The factors that have been ailing the share prices are product portfolio containing mostly generic molecules, no backward integrated plants, volatile raw material prices, adverse weather condition, inventory buildup with international customers, pressure on realisation and cautious near term outlook.
Rallis India’s 12-month forward price-to-earnings stands at 20x as compared to its five year average of 19x. Also the return potential on the stock for the next 12 months is only three percent
#etnow #agrochemical #stockmarket

Rallis India: Why The Underperformance? | ET Now

Prabhudas Lilladher recommended hold rating on Rallis India with a target price of Rs 240 in its research report dated January 19, 2023.

Hold Rallis India; target of Rs 240: Prabhudas Lilladher

Rallis India shares plunged 6.72% to Rs 236 against the previous close of Rs 245.50 on BSE. Earlier, the stock opened with a loss of 5.09 per cent at Rs 233.

Counting losses in Rallis India shares post Q3 earnings? Here’s what you should do

Rallis India, earlier reported a 43 per cent decline in its December quarter net profit

Rallis India shares tumble nearly 9% after Q3 earnings

The firm’s net profit came in at Rs 22.55 crore, down from Rs 39.55 crore in the year-ago period

Rallis India share price takes a knock on 43% drop in Q3 profit, exports down 6.5%

Rallis India slipped 4.38% to Rs 234.75 after the company reported 43% decline in net profit to Rs 22.55 crore in Q3 FY23 as against Rs 39.55 crore posted in Q3 FY22.

Rallis India slides after Q3 PAT slumps 43% YoY

Total income for the December quarter was marginally up at ₹630 crore

Rallis India Q3 net drops 43% to ₹22.55 crore on muted revenue growth, higher expenses

“Our third quarter revenues witnessed 0.3 per cent growth over last year. This has been in the backdrop of erratic rainfall in the domestic market and headwinds in international business. During the quarter, our domestic crop protection business grew by 7.7 per cent, crop nutrition business by 22 pe…

Rallis India Q3 net profit falls to Rs 22.55 crore

Earnings estimates for IndusInd Bank, Persistent Systems, Rallis India and others.

IndusInd Bank, Persistent Systems, Rallis India Q3 Results Today—Earning Estimates

Pilot demo will be conducted in Maharashtra and Andhra Pradesh

Garuda Aerospace signs MoU with Rallis India

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

Rallis India Ltd

Rallis India Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Hold Rallis India; target of Rs 225: ICICI Direct

News Video

Rallis India: Why The Underperformance? | ET Now

Hold Rallis India; target of Rs 240: Prabhudas Lilladher

Counting losses in Rallis India shares post Q3 earnings? Here’s what you should do

Rallis India shares tumble nearly 9% after Q3 earnings

Rallis India share price takes a knock on 43% drop in Q3 profit, exports down 6.5%

Rallis India slides after Q3 PAT slumps 43% YoY

Rallis India Q3 net drops 43% to ₹22.55 crore on muted revenue growth, higher expenses

Rallis India Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Hold Rallis India; target of Rs 225: ICICI Direct

News Video

Rallis India: Why The Underperformance? | ET Now

Hold Rallis India; target of Rs 240: Prabhudas Lilladher

Counting losses in Rallis India shares post Q3 earnings? Here’s what you should do

Rallis India shares tumble nearly 9% after Q3 earnings

Rallis India share price takes a knock on 43% drop in Q3 profit, exports down 6.5%

Rallis India slides after Q3 PAT slumps 43% YoY

Rallis India Q3 net drops 43% to ₹22.55 crore on muted revenue growth, higher expenses

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock