Why Are Rallis India Shares Rising? As Tata Stock Hits 52-Week High; Check Its Latest Target Price

Why Rallis India Shares Are Rising Today? One of the possible reasons behind the BSE SmallCap stock rally is the investors confidence on the agrochemical company after it reported a whopping 100% annual increase in its consolidated net profit in the June quarter of financial year 2025-26.

Rallis India Limited shares were trading 5.88% higher at Rs 374.6 per share on BSE on Tuesday at 11 am. The company scrip zoomed nearly 7% to hit an all-time high mark of Rs 385.60 per share on BSE on Tuesday.

Rallis India Q1 Result

The Tata Chemicals' subsidiary, Rallis India, on Monday reported a 97.9% year on year increase in its net profit to Rs 95 crore during the first quarter of financial year 2025-26 (FY26). The company had reported a net profit of Rs 48 crore during the same period in previous financial year. The company had also reported a sharp jump in its net revenue. Its revenue from operations increased to Rs 957 crore in the quarter under review from Rs 783 crore reported in the year-ago period.

Why Are Rallis India Shares Rising Today?

The company reported a strong surge in its net profit during the June quarter, and indicated positive outlook for the upcoming quarters. "Our revenue for Q1 FY26 was at ₹957 Cr, 22% higher than ₹783 Cr of Q1 FY25. Profit After Tax (PAT) was ₹95 Cr in Q1 FY 26 as compared to ₹ 48 Cr in Q1 FY 25. We witnessed double-digit volume-led growth of 13% in Crop Care B2C, 23% in Crop Care B2B and 38% in Seeds business. Our Soil & Plant Health business registered growth of 33% in line with our strategy. Our actions on improving product mix and driving cost optimization have also helped in improving PAT margins from 6% in Q1FY 25 to 10% in Q1 FY 26. We are pleased with the continuing momentum on our North Cotton seeds hybrids, particularly "Diggaz". Our working capital management has also been robust, leading to a healthy closing fund balance," stated Dr Gyanendra Shukla, Managing Director & CEO, Rallis India Limited.

Rallis India Growth Outlook

After registering strong profits in the June quarter, the company will now focus on liquidation of placed products and expansion of exports in the coming quarters with its customer centric approach, informed Shukla on Monday.

"On a long-term basis, Customer Centricity will remain a key thrust, and we will continue to offer differentiated solutions to solve varying farmer needs. We will further intensify our efforts to build capabilities in Manufacturing, Digitalization and leverage Collaborations and Alliances," Shukla added.

During the quarter under review, the company had launched a total of nine new products across herbicides, fungicides and insecticides. Its key launches include Allato, Pretilachloor, and other herbicides and fungicides for paddy and grapes. The company has also launched insecticide for cotton seeds and launched additional fourteen products across cotton, Bajra and Paddy crops.

Rallis India Target Price

Rallis India shares made fresh 52-week high mark on Tuesday. However, the stock is not one of the top picks of brokerages. Kotak Institutional Equities, in its Tuesday report, maintained a 'Sell' rating for Rallis India indicating a 35% downside in its valuation. The brokerage has fixed a fair value price of Rs 230 per share for the stock. Meanwhile, Antique Stock Broking Limited fixed a target price of Rs 210 per share for the stock, indicating a 41% decline in its valuation in long-term. The brokerage had retained a 'Hold' rating for the stock.

Disclaimer: The write-up is just for information purposes, and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on article mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.