Rallis India declines on reporting 24% fall in Q1 net profit
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Rallis India is currently trading at Rs. 319.00, down by 21.65 points or 6.36% from its previous closing of Rs. 340.65 on the BSE.
The scrip opened at Rs. 325.10 and has touched a high and low of Rs. 330.00 and Rs. 317.25 respectively. So far 139019 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 357.20 on 12-Jul-2024 and a 52 week low of Rs. 205.15 on 28-Sep-2023.
Last one week high and low of the scrip stood at Rs. 357.20 and Rs. 317.25 respectively. The current market cap of the company is Rs. 6203.56 crore.
The promoters holding in the company stood at 55.08%, while Institutions and Non-Institutions held 22.39% and 22.53% respectively.
Rallis India has reported 23.81% fall in its net profit at Rs 48 crore for first quarter ended June 30, 2024 (Q1FY25) as compared to Rs 63 crore for the same quarter in the previous year. However, total income of the company increased by 0.38% at Rs 788 crore for Q1FY25 as compared to Rs 785 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.
