Rallis India trades lower on reporting 43% fall in Q3 net profit
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Rallis India is currently trading at Rs. 232.05, down by 13.45 points or 5.48% from its previous closing of Rs. 245.50 on the BSE.
The scrip opened at Rs. 233.00 and has touched a high and low of Rs. 236.00 and Rs. 229.00 respectively. So far 81686 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 298.00 on 19-Jan-2022 and a 52 week low of Rs. 182.55 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 261.00 and Rs. 229.00 respectively. The current market cap of the company is Rs. 4524.32 crore.
The promoters holding in the company stood at 50.09%, while Institutions and Non-Institutions held 21.70% and 28.21% respectively.
Rallis India has reported results for third quarter ended December 31, 2022 (Q3FY23).
The company has reported a fall of 42.98% in its net profit at Rs 22.55 crore for the quarter under review as compared to Rs 39.55 crore for the same quarter in the previous year. Total income of the company marginally decreased 0.17% at Rs 632.47 crore for Q3FY23 as compared to Rs 633.57 crore for the corresponding quarter previous year.
Rallis India is engaged in the business of providing crop care solutions and agri services to the farming community.
