Momentuminvesting5540

Momentum swing idea| Rallis India Ltd

Long
BSE_DLY:RALLIS   RALLIS INDIA LTD.
Rallis India Ltd
Rallis India, a Tata Group company Group Co., has a history of over 150 years. The company is into manufacturing of Agrochemicals and is present across the value chain of agriculture inputs - from seeds to organic plant growth nutrients. Rallis is also in the business of contract manufacturing for global corporations.

Market Cap ₹ 5,597 Cr. Current Price ₹ 288 Stock P/E 56.4
ROCE 7.77 % ROE 5.37 %
Debt to equity 0.07 Promoter holding 55.1 %
Quick ratio 0.96 Current ratio 1.69 Piotroski score 6.00
Profit Var 3Yrs -19.6 % Sales growth 3Years 9.63 %
Return on assets 3.25 %

This stock is in momentum right now. also good fundamental.
keep in radar .

Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.

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