India Ltd, a part of the Tata group has announced its financial results for the
quarter and nine months ended Dec 31st 2018, after market hours Thursday. On a
consolidated basis, it has registered revenues of Rs 417 crs up by 7 percent
for the quarter ended Dec 31st 2018, on the back of strong performance in both
the domestic & global markets.
income or profit after Tax figured at Rs 14.00 crs, revenues totaled Rs 388 crs
up by 9 percent for the quarter ended Dec 31st 2018, Rallis India said in a
from the result, the company also announced an amalgamation or/merger with its wholly
owned subsidiary Metahelix Life Sciences Ltd.
to the stock movements of Rallis India Ltd, it seems that investors are yet to stimulate
with these prospects, as the share movement of Rallis India is seen in a negative
with selling pressure, Rallis India stock was trading at Rs. 164.90, down 4.96
percent on the NSE and BSE, during mid-market session, Friday. The stock hit a high and low of Rs. 168.90
and 163 respectively in the weak market sentiment.