20% return in just 1 month: This Tata fertiliser stock is in focus today - Heres why
Rallis India Share Price NSE BSE Today News: The company, with a history of over 150 years, is in the news as it has unveiled a new herbicide in key agricultural states.
Rallis India Share Price NSE BSE Today News: Shares of Rallis India, a subsidiary of Tata Chemicals, are in focus on Tuesday i.e. May 25. The counter opened in green at Rs 323.10 as benchmark equity indices rallied in early trade tracking firm trends in Asian markets. While the 30-share BSE Sensex climbed 237.05 points to 77,578.13, the Nifty went up by 65.8 points to 23,603.65. The scrip gained further to Rs 324.70, a surge of 1.27 per cent from the previous close of Rs 320.60 in the previous session on the BSE.
Rallis India Share Price History
This is one of the stocks of the Tata Group. According to BSE analytics. the stock has gained over 20 per cent in one month. On a YTD basis, the Tata stock has surged over 27 per cent. In the last one year, the smallcap counter has yielded a return of over 64 per cent to its investors.
Rallis India in News
The company, with a history of over 150 years, is in the news as it has unveiled a new herbicide in key agricultural states.
Rallis India Ltd has launched a new herbicide called 'Mark Plus' for soybean and groundnut crops, initially targeting three key agricultural states. The product will first be available in Maharashtra, Madhya Pradesh, and Gujarat before a nationwide rollout, the company said in a statement.
Rallis India Q4 Results
The Q4 results showed that the company's profit after tax (PAT) narrowed 70 per cent to Rs 21 crore against a loss of Rs 69 crore year-on-year (YoY).
The earnings before interest, tax, depreciation, and amortisation (EBITDA) recorded a profit of Rs 6 crore against a loss of Rs 64 crore a year ago. The EBITDA margin of the company was registered at 1.4 per cent.
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