Rallis India Hits 52-Week High, Outperforms Sector with Impressive Growth

Oct 16 2024 11:01 AM IST
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Rallis India, a leading player in the pesticides and agrochemicals industry, has reached a new 52-week and all-time high of Rs. 373.8 on October 16, 2024. The stock has outperformed the sector by 13.68% and has been on a consecutive gain for the last 4 days. It is currently trading higher than its moving averages, indicating a positive trend. With a strong performance in the past year, Rallis India is a promising midcap company in the agrochemicals industry.

Rallis India, a leading player in the pesticides and agrochemicals industry, has recently hit a 52-week high on October 16, 2024. The stock has been performing well in the market, with a 'Hold' call by MarketsMOJO.

On October 16, the stock reached a new 52-week and all-time high of Rs. 373.8, outperforming the sector by 13.68%. It has also been on a consecutive gain for the last 4 days, with a 17.65% increase in returns during this period. The stock opened with a gain of 10.38% today and touched an intraday high of Rs. 373.8, a 15.94% increase.

Rallis India is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market. In the past year, the company's performance has been impressive, with a 67.84% increase, compared to the Sensex's 23.55% performance.

As a midcap company, Rallis India has shown strong growth and potential in the market. With its recent 52-week high and positive performance, it is definitely a stock to watch out for in the agrochemicals industry.
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