IdeasNeosagi

Rallis India Ltd

做多
NSE:RALLIS   RALLIS INDIA LTD
*_Rallis India Ltd._*
*W* Formation in Making on Monthly Basis.
Targets basis Fibonacci Retracement.

Rounding Bottom Completion @320 levels.
Post this, if Sustains, May see 640+ levels.

Trail SL with Upside.
Book Profit as per Risk Appetite.

A Tata Group Co. Mfgs. Agrochemicals & is present across Value chain of agriculture inputs.
Capex done for 2 New Plants in Dahej.
Growing Sales: Yrly Basis.
Profitability: Volatile on Qtrly / Decline on Yrly.
Negligible Debt. Growing TNW.
+ve CF from Ops. Stable WC Cycle.
Stable Promoters Stake. FII Stake Increasing.

Do Your Own Research as well. This is an Opinion.
Happy Investing 😇

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