Insecticides (India) is in the limelight today morning. From its close of yesterday at Rs.596.30, it opened today at Rs.628 and went on to hit a new high at Rs.665. Its 20% UC for the day is at Rs.715.55.
The stock reacted positively to the news that it has received patent for composition of Hexacondazole & Carbendazim.
This is for the term of 20 years from 15h day of June 2017 (Date of Filling).
The said patent also covers the fungicidal composition, Hexaconazole 4% + Carbendazim 16% SC which the company has been selling PAN-INDIA under the Trademark of “SOFIA”.
The company is scheduled to declare its earnings on 18th June.