The stock went down by 5.26 per cent to settle at Rs 149.55 on the BSE. During the day, it lost 8.14 per cent to Rs 145 - its 52-week low.
On NSE, the shares of the company dipped 5.79 per cent to close at Rs 148.85.
Rallis India yesterday reported a 20 per cent fall in its consolidated net profit at Rs 20.41 crore for the December quarter.
The company had reported a net profit of Rs 25.49 crore in the year-ago period.
Rallis India is a subsidiary of Tata Chemicals with business presence in the Farm Essentials vertical.
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