SBI Mutual Fund books partial profit in Rallis India. Shareholding slips to 7.12%

SBI Mutual Fund trimmed its stake in Rallis India by selling 2,10,237 equity shares (0.1081% of paid-up capital) via a market transaction on 17 July 2026, bringing its holding down from 9.17% to 7.12%. The stock fell over 4% on the day of the disclosure, trading below all key moving averages with technical analysts flagging weak momentum. Separately, Rallis India reported a 31% year-on-year rise in Q1 FY27 net profit to about Rs 125 crore on total income of Rs 1,035 crore.