Rallis India has been in an uptrend since Jan 2010. It has touch its long term trend line thrice which confirms its long term upmove. Currently its made a base around 1017 and is trading close to its trend line.
Rallis has shown a remarkable improvement in its results, its EPs has grown at the rate of 30%, profist have risen 30%, itshas reduced it debt by 90%
It can be bought at these levels for a target of 1640.
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