Nuvama Retains 'Reduce' on Rallis India Despite Healthy Q1

Rallis India, a company that makes products for farmers, had a good first quarter with more money coming in.

But a company called Nuvama thinks the stock isn't a good buy right now.

They say the good sales might cause problems later, and other things might make it harder for the company to grow.

Even though Rallis did well this quarter, Nuvama still says to be careful with the stock.