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Insecticides (India) on a rising trend

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Insecticides (India) advanced 1.25% to Rs 679.15 at 10:41 IST on BSE, with the stock extending its rising streak for the seventh trading session in a row today, 13 July 2017.

Meanwhile, the S&P BSE Sensex was up 233.25 points or 0.73% at 32,038.07. The S&P BSE Small-Cap index rose 118.79 points or 0.75% at 16,015.80.

On the BSE, 1,817 shares were traded on the counter so far as against the average daily volumes of 18,903 shares in the past one quarter. The stock had hit a high of Rs 680 and a low of Rs 673 so far during the day. The stock had hit a record high of Rs 718.70 on 8 June 2017 and a 52-week low of Rs 437.45 on 22 November 2016.

 

The stock had underperformed the market over the past one month till 12 July 2017, sliding 0.59% compared with the Sensex's 2.28% rise. The stock had, however, outperformed the market over the past one quarter, gaining 21.99% as against the Sensex's 7.29% rise. The scrip had also outperformed the market over the past one year, advancing 38.2% as against the Sensex's 14.37% rise.

The small-cap company has equity capital of Rs 20.67 crore. Face value per share is Rs 10.

Shares of Insecticides (India) have surged 7.63% in seven trading sessions to its current market price, from its close of Rs 630.95 on 4 July 2017.

Insecticides (India)'s net profit surged 1139.6% to Rs 5.95 crore on 1.2% decline in net sales to Rs 175.98 crore in Q4 March 2017 over Q4 March 2016.

Insecticides (India) manufactures all types of insecticides, weedicides, fungicides and plant growth regulators (PGRs) for all types of crops and household.

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First Published: Jul 13 2017 | 10:42 AM IST

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