Kilpest India up 6% on European firm deal

3B Blackbio DX

30/11/2022 04:43

** Shares of agricultural chemicals manufacturer Kilpest
India  KILP.BO  rise as much as 6.22% to 425.00 rupees
    ** Co's subsidary 3B BlackBio Biotech India Ltd signed
non-binding Letter of Intent to buy 100% shares of a European
firm that specialises in life science and molecular diagnostic
products
    ** Stock marks biggest pct gain since Nov 17
    ** More than 12,506 shares trade by 0959 IST, 0.8x their
30-day moving avg
    ** Stock down ~10.3% so far this year, up to last close 
 (Reporting by Akansha Victor in Bengaluru)
 ((Akansha.Victor@thomsonreuters.com; Mobile: +919654878265;))