Rallis plans a plant in Gujarat cost of 2bn

Rallis India Ltd a leading agro chemical major is plannig to set up 2 bn rupee plant in Gujarat over two years. It will start commercial operation in new plant from 2010. Rallis India's announced its 2nd quarter results. It posted 415.9 mn rupee net profit it is in lower levels when it compared to previous year the same quarter. Rallis India shares are trading at Rs.365. (thebullishtrends)