Stocks to Watch With Anil Singhvi: Why Rallis India could help you mint money | EXPLAINED
Zee Business Managing Editor Anil SInghvi in this segment guides and helps investors by informing them about the fundamentals of a company ahead of the announcement of result.
Zee Business Managing Editor Anil SInghvi in this segment guides and helps investors by informing them about the fundamentals of a company ahead of the announcement of result. In a recent show, the Market Guru had informed about ICICI Securities stock and it has performed well on the back of its result and it is still looking strong.
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Talking about success of this news segment, Ashish Chaturvedi, research analyst at Zee Business, said of the 21 stocks picked by Zee Business, 19 of them had given good result. "We had picked 21 shares in the last season, of which 19 performed exceptionally well. Except for 2 stocks, we almost had 90 per cent strike rate as far as performance of shares after result is concerned as per our expectations," Chaturvedi said.
कमाई के लिए क्यों करना नतीजों का इंतजार?
नतीजे आएंगे कमाई कराएंगे... तगड़ी रिसर्च से निकले शानदार शेयर...
— Zee Business (@ZeeBusiness) April 22, 2021
Today, Zee Business picked Rallis India shares on the same pattern. "Result of Rallis India is due today. It is likely to post very good result. This could be a turnaround quarter for this company. Against last year's profit of Rs 70 lakh, the company is set to book a profit of a whopping Rs 22 crore. Last time margin was also negative, however, one could see EBITDA margin of around 8.2 per cent this time. The company has also made 25 per cent increase in its international sale. In Q4FY20, the company's income was Rs 346 crore, which rose to Rs 425 core in Q4FY21," concluded Chaturvedi.
Rallis India shares were trading at Rs 280, up Rs 9.40 or 3.47 per cent at 2.00 pm on Thursday.
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