UPL falls on China's anti-dumping duty on cypermethrin shipments from India

Heranba Industries

08/05/2025 08:55

** Shares of agrochemicals maker UPL UPLL.NS down 2.7% to 669.6 rupees

** China's commerce ministry says the country would impose anti-dumping duties ranging from 48.4% to 166.2% on cypermethrin from India for five years

** UPL is one of the top Indian producers of cypermethrin, an insecticide used in agriculture, sanitation, and pest control

** Heranba Industries HERN.NS, another cypermethrin maker, is trading flat

** UPLL trims YTD gains to ~34%, while HERN is down ~38%

(Reporting by Anuran Sadhu in Bengaluru)

((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))