India's Bayer CropScience falls on Q1 profit drop

Bayer Cropscience

09/08/2024 08:57

** Shares of Bayer CropScience  BAYE.NS  fall as much as
8.3% to 6,350 rupees; last down 4.8%
    ** Pesticide maker reported a near 23% fall in June-quarter
profit while rev from ops dropped 6%
    ** BAYE set for worst session in more than two months
    ** Avg rating of six analysts covering the stock is "buy";
median PT at 6,060 rupees - LSEG data
    ** More than 142,000 shares change hands, three times the
30-day avg 
    ** Stock up ~19% YTD, had gained 12% in 2023

 (Reporting by Dimpal Gulwani in Bengaluru)
 ((dimpal.gulwani@thomsonreuters.com))