Insecticides (India) surges 14% on share buyback proposal

Insecticides (India)

23/03/2021 07:35

** Shares of agro chemical maker  ISIL.NS  rise as much as
14.31% to 506.40 rupees, posting their best intraday pct gain
since June 15, 2020
    ** Co says it will consider a share buyback proposal at a
board meeting on March 30  urn:newsml:reuters.com:*:nFWN2LL05N
    ** ISIL makes pesticides as well as active ingredients for
making formulations
    ** About 457,000 shares change hands, 12.3x 30-day avg
    ** ISIL shares down 5.5% this year, as of last close, after
declining 2.5% in 2020

 (Reporting by Nallur Sethuraman in Bengaluru)
 ((Sethuraman.NR@thomsonreuters.com; (Within U.S.
1-646-223-8780, Outside U.S. +91 8067496031); Reuters Messaging:
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