India's Bayer Cropscience jumps on earnings boost

Bayer Cropscience

03/11/2023 08:19

** Shares of Bayer Cropscience  BAYE.NS  rise as much as
7.82% to 5,288.80 rupees, most intraday pct gain in two months
    ** Agrochemical products maker posts 37% year-on-year rise
in net profit in second quarter to 2.23 bln rupees
    ** Revenue from operations up 11.4% at 16.17 bln rupees;
BAYE also declares a dividend of 105 rupees per share
    ** BAYE among top gainers in Nifty 500 index  .NIFTY500 ,
which is up 0.75%
    ** BAYE most active in two months, with a trading volume of
132,370 shares as of 1:40 p.m. IST, more than 10 times the
30-day avg - LSEG data
    ** Including day's gains, BAYE up 3.7% in 2023 so far,
compared with 10.15% rise in Nifty 500 index

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))