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Rallis India strengthens on plan to increase its stake in Metahelix to 100%

08 Feb 2016 Evaluate

Rallis India is currently trading at Rs 163.00, up by 2.15 points or 1.34% from its previous closing of Rs 160.85 on the BSE.

The scrip opened at Rs. 161.50 and has touched a high and low of Rs. 163.95 and Rs. 161.00 respectively. So far 9342 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 298.50 on 03-Mar-2015 and a 52 week low of Rs. 142.00 on 21-Jan-2016.

Last one week high and low of the scrip stood at Rs. 172.30 and Rs. 153.60 respectively. The current market cap of the company is Rs. 3164.01 crore.

Rallis India has received an approval to increase its stake in Metahelix Life Sciences (Metahelix), subsidiary of the company, from 80.51% to 100%. Consequently, Metahelix will become a wholly owned subsidiary of the company, on completion of the acquisition of the balance shares in Metahelix. The board of director at its meeting held on February 05, 2016, has approved for the same.

Rallis India is a major agri-solution provider company in India. The company has been associated with the farming community for the past over 160 years and continuously strives to improve farm productivity through innovative product & service offerings.

Rallis India Share Price

266.00 -2.80 (-1.04%)
20-Apr-2026 10:44 View Price Chart
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