Indostar Capital Finance Ltd, Vinati Organics Ltd, Johnson Controls-Hitachi Air Condition. India Ltd and IRB Infrastructure Developers Ltd are among the other gainers in the BSE's 'A' group today, 17 January 2020.

Rallis India Ltd spiked 13.41% to Rs 219 at 11:48 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 2.48 lakh shares were traded on the counter so far as against the average daily volumes of 22907 shares in the past one month.

Indostar Capital Finance Ltd soared 7.60% to Rs 241.3. The stock was the second biggest gainer in 'A' group. On the BSE, 35090 shares were traded on the counter so far as against the average daily volumes of 6532 shares in the past one month.

Vinati Organics Ltd surged 6.94% to Rs 2138. The stock was the third biggest gainer in 'A' group. On the BSE, 18709 shares were traded on the counter so far as against the average daily volumes of 1032 shares in the past one month.

Johnson Controls-Hitachi Air Condition. India Ltd advanced 6.21% to Rs 2110. The stock was the fourth biggest gainer in 'A' group. On the BSE, 796 shares were traded on the counter so far as against the average daily volumes of 10170 shares in the past one month.

IRB Infrastructure Developers Ltd gained 5.08% to Rs 100.25. The stock was the fifth biggest gainer in 'A' group. On the BSE, 3.26 lakh shares were traded on the counter so far as against the average daily volumes of 2.09 lakh shares in the past one month.

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Consolidated profit before tax (PBT) climbed 146.05% to Rs 48.30 crore in Q3 December 2019 from Rs 19.63 crore in Q3 December 2019. The result was announced after trading hours yesterday, 16 January 2020.

Announcing the results, Sanjiv Lal, managing director and CEO, Rallis India said, During the current crop season our business was supported by positive farmer sentiment, new product launches and refreshed trade policies. Our international business continued to perform positively amidst certain headwinds. Our capacity expansion at Dahej is progressing well. Our investments in R&D along with new products will continue to drive our long term growth. I am pleased to announce that the Board of Rallis has approved setting up ofa new R&D facility in Bengaluru to drive further growth.

Rallis India, a TATA enterprise, is a subsidiary of Tata Chemicals, with its business presence in the farm essentials vertical. It is one of India's leading crop care companies.

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Net profit of Rallis India rose 174.78% to Rs 38.14 crore in the quarter ended December 2019 as against Rs 13.88 crore during the previous quarter ended December 2018. Sales rose 27.85% to Rs 533.60 crore in the quarter ended December 2019 as against Rs 417.35 crore during the previous quarter ended December 2018.

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Rallis India will hold a meeting of the Board of Directors of the Company on 16 January 2020.

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