Rallis India reported a 98 percent year-on-year jump in net profit to Rs 95 crore in the June quarter, with revenue up 22 percent
Stocks to Watch, 15 July: Stocks like HCL Technologies, Tata Technologies, Rallis India, Power Mech Projects, RailTel Corporation of India, Sun Pharmaceutical Industries, Deepak Fertilisers, and Oberoi Realty will be in focus on July 15.
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Stocks to Watch, 5 June: Aditya Birla Fashion and Retail, Manappuram Finance, Jindal Saw, Rallis India, Yes Bank, NTPC Green Energy, Diamond Power Infrastructure, Newgen Software Technologies, Indosolar, Gland Pharma, and Hindustan Aeronautics will be in focus on June 5.
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The company’s revenues remained flat in FY25
Stocks to watch, 24 Apr: Stocks like Syngene International, Wendt India, Supreme Petrochem, 360 ONE WAM, Can Fin Homes, Rallis India, Tata Teleservices (Maharashtra), Tamilnad Mercantile Bank, Filatex India, Biocon, Niva Bupa Health Insurance Company, Spandana Sphoorty Financial, and Bajaj Finance will be in focus on April 24.
Stocks To Watch, Jan 20: Stocks like Jio Financial Services, Can Fin Homes, Seshasayee Paper, Supreme Petrochem, 5paisa Capital, ICICI Lombard General Insurance, Rallis India, Ramkrishna Forgings, Indian Hotels Company, KP Energy, Camlin Fine Sciences, GMR Airports Infrastructure, Minda Corporation, and Fortis Healthcare will be in focus on January 20.
The company is focusing on optimising portfolio and streamlining capacities
Rallis India credited its strong Q2 performance to robust domestic demand, supported by above-normal monsoons and improved commodity prices, alongside a volume recovery in international markets, despite continued pricing pressure.
KEI Industries, Madhya Bharat Agro Products, Alok Industries, Capri Global Capital, Power Finance Corporation, RailTel Corporation of India, HFCL, and Oil and Natural Gas Corporation will also be in action on October 16.
The new CEO’s plans are less capex intensive but even then, these measures will take time to yield results. If executed well, however, the results can be rewarding
HSBC stated that good rainfall will enhance water storage, boosting domestic sales for agri-input players in H2 FY25. As a result, the firm anticipates a strong overall performance from the sector in FY25.
Rallis India shares fell as HSBC put a 'reduce' rating on stock with a target price of Rs 251 per share due to industry challenges.
Tata Steel, NTPC, Shipping Corporation of India, Life Insurance Corporation of India, Lemon Tree Hotels, 3M India, Expleo Solutions, and Electronics Mart India will also be in focus on August 30.
The company's PAT stood at Rs 63 crore during the corresponding quarter of the previous fiscal, Rallis India said in a regulatory filing.
The new CEO will have to address the structural issue of subdued revenue growth and sagging profit margins
The company could lag industry growth in FY25 as the export market remains muted