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Rallis extends rally ahead of Q4 results; stock zooms 83% from March low

The stock is trading close to its 52-week high level of Rs 256, hit on February 20, 2020

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Ace investor Rakesh Radheshyam Jhunjhunwala acquired an additional 275,000 shares of Rallis India during Q4

SI Reporter Mumbai
Shares of Rallis India were trading higher for the third straight day, up 5.5 per cent at Rs 232 on the BSE on Tuesday ahead of March quarter results. The agrochemicals company is schedule to announce its January-March quarter (Q4FY20) earnings and recommend of dividend, if any, for the financial year FY20 today.

In the past three trading days, the stock has rallied 12 per cent, as compared to 2.3 per cent decline in the S&P BSE Sensex. It is trading close to its 52-week high level of Rs 256, hit on February 20, 2020. With today’s gain, the