CMP: 153

Rallis India Limited manufactures and exports chemicals and allied products. Through its subsidiaries, the Company produces pesticides, fertilizers, textiles and garments, marine products and leather tanning materials. Rallis also provides farm advisory services.

Rallis has been one among the few stable mid-cap stocks amid market falls. Fundamentally, it has been consistent with revenue growth, but has been inconsistent in NPM (8% to 12%) which is the only negative to think about. Its currently trading at a P/E of 24 and has yielded good dividends of 1.30% in the last 12 months. Its a decent buy for long term.