Insecticides (India) zooms on getting patent for ‘Novel Fungicidal Carbamate Compounds’

Insecticides (India) is currently trading at Rs. 891.10, up by 16.90 points or 1.93% from its previous closing of Rs. 874.20 on the BSE.

Insecticides India
Insecticides India

The scrip opened at Rs. 866.05 and has touched a high and low of Rs. 899.45 and Rs. 866.05 respectively. So far 2363 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 920.45 on 08-Jul-2022 and a 52 week low of Rs. 582.70 on 24-Feb-2022.

Last one week high and low of the scrip stood at Rs. 920.45 and Rs. 838.55 respectively. The current market cap of the company is Rs. 1743.11 crore.

The promoters holding in the company stood at 72.16%, while Institutions and Non-Institutions held 14.33% and 13.51% respectively.

Insecticides (India) has received patent for an invention entitled ‘Novel Fungicidal Carbamate Compounds’ from Government of India, the Patent Office. The said patent is for the term of 20 years from January 29, 2018 (Date of Filing).

Insecticides (India) is engaged in the manufacturing activities of agro chemicals, pesticides and technical products for agriculture purposes.