India's Best Agrolife hits lower circuit after quarterly loss deepens

Best Agrolife

17/02/2025 06:26

**  Shares of Best Agrolife  BESA.NS  fall the
exchange-allowed maximum of 20% to 331.7 rupees
    ** Agrochemicals maker's Q3 loss widens to 240 million
rupees ($2.77 million) from 70 million rupees a year ago, hurt
by cyclonic conditions in key south Indian states dampening
demand for its products; rev down 13%
    ** Stock set for third-straight session of losses, if trend
sustains
    ** More than 363,000 shares traded in their busiest session
in four months, over 10 times its 30-day avg
    ** Stock lost 46% in 2024





($1 = 86.7390 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))