Insecticides (India) jumps on getting patent for Novel Isoxazole Compound Or A Salt Thereof
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Insecticides (India) is currently trading at Rs. 645.45, up by 12.80 points or 2.02% from its previous closing of Rs. 632.65 on the BSE.
The scrip opened at Rs. 651.00 and has touched a high and low of Rs. 656.80 and Rs. 638.15 respectively. So far 2283 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 769.20 on 21-Dec-2022 and a 52 week low of Rs. 410.20 on 13-Jul-2023.
Last one week high and low of the scrip stood at Rs. 665.00 and Rs. 622.00 respectively. The current market cap of the company is Rs. 1918.24 crore.
The promoters holding in the company stood at 72.16%, while Institutions and Non-Institutions held 14.55% and 13.30% respectively.
Government of India, The Patent Office has granted the Patent for an invention to Insecticides (India) entitled A Novel Isoxazole Compound or A Salt Thereof. The said patent is for the term of 20 years from November 29, 2018 (Date of Filing).
Insecticides (India) is engaged in the manufacturing activities of agro chemicals, pesticides and technical products for agriculture purposes.
