Wednesday, December 26, 2018

Rallis India Ltd


Rallis India Ltd strong NUMBERS in Q2 & H1 FY-2019. Q2 sales grew +14.08% & PAT grew +55.70%. YoY sales grew +11.22% & PAT grew +10.12%.Net Profit will grow by ~14% to present Net Profit . It is now Trading at PREMIUM of ~ 13% of its FY20-21E earnings with EPV ( Earning Power Value ) of x1.13, which will stretch upto x2.5 in 12-24 Months.

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