RALLIS: On the Verge of a Breakout π
Rallis India RALLIS is catching market attention as the stock trades near a crucial resistance zone, backed by signs of accumulation on volumes. On the technical front, it looks poised for a breakout that could pave the way for further upside.π
Its Q2 FY25 results were strong with revenue up 11% YoY to βΉ928 cr and EBITDA margin improving +190 bps to 17.9%. Robust domestic demand, new product launches, and digital initiatives support future growth.π
A combination of improving fundamentals + breakout technical setup makes Rallis an interesting stock to watch.
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