Friday, January 16, 2009

Rallis India rallies after Q3 results

Rallis India rose 3.6% to Rs 342 at 14:33 IST on BSE on 11.1% growth in net profit to Rs 15.57 crore in Q3 December 2008 over Q3 December 2007.
The company announced the result after market hours on Thursday, 15 January 2009.
The stock hit a high of Rs 357.05 and a low of Rs 330 so far during the day. The stock hit a 52-week high of Rs 622.30 on 18 January 2008 and a 52-week low of Rs 280 on 11 December 2008.
The company's current equity is Rs 11.98 crore. Face value per share is Rs 10.
The current price of Rs 342 discounts the company's Q3 December 2008 annualized EPS of Rs 51.99 by a PE multiple of 6.57.
The company's sales rose 15.4% to Rs 207.63 crore in Q3 December 2008 over Q3 December 2007.
Rallis India is engaged in manufacturing and distribution of pesticides, fertilisers and fine chemicals.

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