Insecticides (India) jumps after quarterly profit surge

Insecticides (India)

29/05/2025 05:21

** Shares of Insecticides (India) Ltd ISIL.NS rise as much as 7.8% to 895 rupees
** The pesticides maker reported an 84.7% y/y rise in Q4 consol profit to 138.9 million rupees ($1.3 million); rev up 31.7%
** Co says premiumisation of products helped profit growth
** Stock on track to gain for a seventh straight day
** More than 266,000 shares traded, 4.3x their 30-day moving avg; busiest day yet since Aug 28, 2024
** ISIL last up 6.6%, adding to YTD gains of 23.2%

   ($1 = 85.4870 Indian rupees)

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))