Rallis India Ltd
RALLIS

233.90

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

236.10

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)
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Buy
Reco. Price
Rs 236.10
We recommend BUY on account of better business prospects on the back of buoyant demand from agricultural sector. Additionally, the low per-hectare consumption provides headroom for robust growth. The stock is trading at P/E of 20.6x on FY18E earnings (Target Price – Rs. 266.5)
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50 DMA (.)
219.58
100 DMA (.)
215.40
200 DMA (.)
216.03
Weekly Range (.)
232.40
248.00
Monthly Range (.)
228.05
254.20
52 Weeks Range (.)
144.25
254.20
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