Rallis India gains on commissioning new automated 8000 MT WSF plant in Maharashtra
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Rallis India is currently trading at Rs. 274.95, up by 2.75 points or 1.01% from its previous closing of Rs. 272.20 on the BSE.
The scrip opened at Rs. 276.20 and has touched a high and low of Rs. 277.00 and Rs. 271.15 respectively. So far 15891 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 294.25 on 07-Mar-2024 and a 52 week low of Rs. 186.50 on 22-May-2023.
Last one week high and low of the scrip stood at Rs. 277.00 and Rs. 265.40 respectively. The current market cap of the company is Rs. 5335.25 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 commissioned new automated 8000 Metric Ton (MT) Water-Soluble Fertiliser (WSF) plant in Akola, Maharashtra. This strategic initiative underscores Rallis' commitment to innovation, enhancing farm productivity and advancing sustainable agriculture practices.
Rallis' investment in WSF plant reflects its commitment towards technological advancement and improvement in operational efficiencies. The Company aims to become one of the top three players in the customized WSF business in India by FY28.
Rallis India is engaged in the business of providing crop care solutions and agri services to the farming community.
