"Rallis India, Hatsun Agro Shares Rally 10% on Strong Q1 Earnings "

"Rallis India, Hatsun Agro Shares Rally 10% on Strong Q1 Earnings  "
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Rallis India shares jumped as much as 9.7% to Rs 166 apiece in intraday trade on Friday
while Hatsun Agro surged over 10% to touch the level of Rs 775
Rallis India reported net profit at Rs 8.32 crore in the June quarter, up 7.22% from Rs 7.76 crore in the same quarter previous year
Net sales of the company stood at Rs 363.13 crore in the first quarter, up 3.05% from Rs. 352.39 crore in the year-ago quarter
The company’s consolidated profit jumped 24% to Rs 67.76 crore in the June quarter compared with a year ago
Operating profit margin for Rallis India rose sharply to 15.2% in the June quarter compared with 14.5% in the same quarter a year ago

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