Monsanto India jumped 8.29% to Rs 2,378 at 14:56 IST on BSE on bargain hunting after falling 11.75% in the preceding three trading sessions.
Meanwhile, the S&P BSE Sensex was up 234.45 points or 0.92% at 25,844.66
On BSE, so far 12,679 shares were traded in the counter as against average daily volume of 8,387 shares in the past one quarter.
The stock hit a high of Rs 2,389 and a low of Rs 2,195 so far during the day. The stock had hit a 52-week low of Rs 2,170 on Friday, 11 September 2015. The stock had hit a record high of Rs 3,755.95 on 2 February 2015.
The stock had underperformed the market over the past one month till 11 September 2015, sliding 28.85% compared with 8.10% fall in the Sensex. The scrip also underperformed the market in past one quarter, falling 17.54% as against Sensex's 2.88% decline.
The mid-cap firm has equity capital of Rs 17.26 crore. Face value per share is Rs 10.
More From This Section
Shares of Monsanto India have dropped 11.75% in the preceding three trading sessions to settle at Rs 2,195.95 on 11 September 2015 from a recent high of Rs 2,488.45 on 8 September 2015.
Monsanto India's net profit declined 11.6% to Rs 62.79 crore on 0.2% growth in net sales to Rs 259.83 crore in Q1 June 2015 over Q1 June 2014.
Monsanto India, a subsidiary of the Monsanto Company, USA is a seed company focusing on maize and agricultural productivity. Monsanto Company, USA, holds 72.14% stake in Monsanto India as on 30 June 2015.
Powered by Capital Market - Live News