Rallis India Ltd
RALLIS

204.75

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Turnover (lac)
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Day's Vol.(shares)

204.30

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Turnover (lac)
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Accumulate
Reco. Price
Rs 202.15

Last updated on 07-Dec-2016

We recommend an ACCUMULATE as we expect better business prospects on the back of buoyant demand from agricultural sector. Additionally, low per-hectare consumption provides headroom for robust growth. Stock is currently trading at P/E of 21.4x on FY17E earnings (Target Price – Rs.217.3)
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50 DMA (.)
213.74
100 DMA (.)
216.84
200 DMA (.)
203.30
Weekly Range (.)
196.90
209.15
Monthly Range (.)
180.40
209.15
52 Weeks Range (.)
142.00
246.00
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