India's Bayer CropScience near 20-month low on Q3 profit drop

Bayer Cropscience

12/02/2025 04:33

** Bayer CropScience  BAYE.NS  slides as much as 8.1% to
4,402 rupees, lowest since July 31, 2023
    ** Agricultural chemicals maker posts 63.3% y/y drop in Q3
profit on rising costs; rev up 10.7%
    ** Says targeted investments in promotional activities and
provisions for doubtful receivables added to costs
    ** Stock set to fall for fourth straight session
    ** More than 36,000 shares traded, 2.3x the 30-day avg
    ** Stock rated "hold" on avg; median PT is 5,950 rupees -
LSEG
    ** BAYE last down 6.3%, extending YTD losses to 13.8%

 (Reporting by Meenakshi Maidas in Bengaluru)
 ((meenakshi.maidas@thomsonreuters.com;))