Moneycontrol PRO

A play on likely outperformance of agro-chemical sector in near term

Rallis' focus on the contract manufacturing business and filling portfolio gaps are a key watch

April 27, 2021 / 10:13 AM IST
A play on likely outperformance of agro-chemical sector in near term

PRO Only Highlights
Quarterly performance largely backed by improved realisations
Medium-term triggers China plus and protectionist measures for tyre industry
Valuations not inexpensive; but improved medium-term outlook

In a seasonally weak quarter, Rallis India (CMP: Rs 280; Market Cap: Rs 5,456 crore) posted better volume growth, which helped it offset weak pricing for the key herbicide offering – Metribuzin. Sequentially speaking, even Metribuzin prices have started to improve, and this indicates favourable demand-supply balance now. Further, near-term prospects are supported by a relatively better-placed rural economy, wherein strong cash flows from the last few harvesting seasons and expectations of a normal monsoon this year are positives. However, as...

  • PRO Panorama

    Moneycontrol Pro Panorama | If all debt income is short term, what about equity? 

    Mar 27, 2023 / 02:51 PM IST

    In today’s edition of Moneycontrol Pro Panorama: Rahul's expulsion could work in Congress's favour, major economies record stron...

    Read Now
  • PRO Weekender

    Moneycontrol Pro Weekender: Between the Fed and a hard place

    Mar 11, 2023 / 11:38 AM IST

    The Fed is caught between combating inflation and worries over a financial mishap

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers