India Pesticides, NACL Industries gain after anti-dumping duty on Chinese imports

India Pesticides

20/06/2025 09:25

** Shares of agrochemicals makers India Pesticides IDIP.NS and NACL Industries NACL.NS gain 8.3% and 2.3%, respectively

** India imposes anti-dumping duty on certain chemical imports from China, including herbicide Pretilachlor and its intermediate PEDA, for 5 years

** IDIP, NACL trade above 50-, 100-, 200- day moving avgs, signalling a bullish momentum

** YTD, IDIP and NACL up 16% and 170%, respectively

 (Reporting by Aleef Jahan in Bengaluru)

 ((aleefjahan.cs@thomsonreuters.com))