Rallis may give 20%-25% return in short term: Prakash Diwan

In a chat with ET Now, Prakash Diwan, Chief Portfolio Strategist, Prakash Diwan's Wealth Circle, shares his views on Rallis India.

ET Now: Anything from the commodity space in the broader market, especially sugar or even fertilizers for that matter that you like.

Prakash Diwan: Rallis is a great company. From a valuation perspective also, it is significantly undervalued. If you look at the kind of pedigree that it has, the kind of distribution reach that it has and now they are talking about making use of distribution network in a very different way now, as the entire merger in group is complete. Rallis could distinctly give you another 20%-25% upside in short term also from here, 140 is what it hangs around at but definitely it is a great stock to have.