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Rallis India gains after bulk deal

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Capital Market
Last Updated : Aug 27 2015 | 12:02 AM IST

Rallis India advanced 2.62% to Rs 217.10 at 12:01 IST on BSE after a bulk deal of 7.82 lakh shares was executed on the scrip at Rs 211.85 per share at 10:48 IST on BSE today, 26 August 2015.

Meanwhile, the BSE Sensex was up 88.29 points or 0.34% at 26,120.67

Bulk deal boosted volume on the Rallis India counter. On BSE, so far 8.03 lakh shares were traded in the counter, compared with an average volume of 56,767 shares in the past one quarter.

The stock hit a high of Rs 219.75 and a low of Rs 210.20 so far during the day. The stock hit a record high of Rs 298.50 on 3 March 2015. The stock hit a 52-week low of Rs 201 on 25 August 2015.

The stock had underperformed the market over the past one month till 25 August 2015, sliding 9.86% compared with 7.4% fall in the Sensex. The stock, however, outperformed the market in past one quarter, falling 5.68% as against Sensex's 5.83% decline.

The mid-cap company has an equity capital of Rs 19.44 crore. Face value per share is Re 1. Rallis India's consolidated net profit fell 10.5% to Rs 33.09 crore on 0.3% fall in total income to Rs 469.61 crore in Q1 June 2015 over Q1 June 2014.

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Rallis India, a Tata Group firm is engaged in the business of manufacturing of crop protection chemicals.

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First Published: Aug 26 2015 | 12:05 PM IST

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