Bayer CropScience gains on good Q2 numbers

01st November 2012 10:18 AM

Bayer CropScience, the Indian subsidiary of Bayer Germany, gained on Thursday after itreported a growth of 16.42% in net profit for the quarter ended September 2012.During the quarter, the net profit of the company rose to Rs 978.5 million as compared with Rs 840.5 million in the same period last year.Shares of the companyare trading at Rs 1,127, up Rs 17.9, or 1.61% at the Bombay Stock Exchange (BSE) on Thursday at 10:03 a.m. Net sales during the quarter grew 13.20% to Rs 8.27 billion compared with the same period last year. The scrip has touched an intra-day high of Rs 1,154 and low of Rs 1,122. The total volume of shares traded at the BSE is 3,057.In the earlier session, the shares declined 0.26%, or Rs 2.90, at Rs 1,109.10. Currently, the stock is trading down 1.14% from its 52-week high of Rs 1,140 and above 67.45% over the 52-week low of Rs 673.05.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 1,109.80 (0.70) (0.06) 1 Month 1,066.20 42.90 4.02 3 Months 918.55 190.55 20.74 6 Months 775.30 333.80 43.05 1 Year 833.45 275.65 33.07 Note: Based on previous day closing price.

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