Bayer CropScience rose 2.59% to Rs 1,470 at 10:40 IST on BSE after 5.14% equity changed hands in a bulk deal on BSE today, 17 April 2014.
A bulk deal of 18.84 lakh shares was executed on the Bayer CropScience counter at Rs 1,430 per share at 09:26 IST on BSE today, 17 April 2014.
Meanwhile, the S&P BSE Sensex was up 170.38 points, or 0.76%, to 22,447.61
The large bulk deal boosted volume on the Bayer CropScience scrip. On BSE, so far 18.92 lakh shares were traded in the counter, compared with an average volume of 6,196 shares in the past one quarter.
The stock hit a high of Rs 1,500 and a low of Rs 1,430 so far during the day. The stock hit a record high of Rs 1,829.20 on 1 November 2013. The stock hit a 52-week low of Rs 1,089 on 15 April 2013.
The stock had underperformed the market over the past one month till 15 April 2014, falling 4.13% compared with the Sensex's 3.10% rise. The scrip had also underperformed the market in past one quarter, sliding 17.08% as against Sensex's 5.62% rise.
The mid-cap company has an equity capital of Rs 36.62 crore. Face value per share is Rs 10.
Bayer CropScience's net profit fell 95.7% to Rs 39 crore on 12.1% rise in net sales to Rs 626.60 crore in Q3 December 2013 over Q3 December 2012.
Bayer CropScience is one of the world's leading innovative crop science companies in the areas of seeds, crop protection and non-agricultural pest control. The company offers a range of products including high value seeds, innovative crop protection solutions based on chemical and biological modes of action as well as an extensive service backup for modern, sustainable agriculture. In the area of non-agricultural applications, Bayer CropScience has a broad portfolio of products and services to control pests from home and garden to forestry applications.
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