Bayer CropScience today disclosed a marginal increase of 2 per cent in net profit at Rs 159.1 crore for this quarter ended September 30, on account of higher sales. Its net profit is seen at Rs 155.8 crore in the year-ago period, as per the company’s regulatory filing. Income from operations increased to Rs 1,160 crore during July-September quarter of this financial from Rs 1,055.2 crore in the same period of the previous financial year.
On 20h Oct, Bayer CropScience share price is trading below 3 per cent at Rs.4429.15. The stock opened at Rs.4541.00, touching the day’s low at Rs.4422.05. The opening price remained the day’s high.Till now, 1,793 shares changed hands with a traded value of 80.17 lacs.
Bayer is a global enterprise with core competencies in the life science fields of healthcare and agriculture. In India, Bayer CropScience is involved in seed and crop protection business. Few days back, the German pharmaceutical and chemical giant Bayer AG announced it will acquire global seed major Monsanto for USD 66 billion in an all-cash deal.
Bayer CropScience share price touched its new 52 week high value on Rs. 4,595.00 on 29th Sept ’16 whereas the 52 week low value is seen at Rs. 3,110.00 on 12th Feb ‘16. The Average Daily Movement of the stock is 113.68and its average volume for last 20 days is 15944. The stock yields 10.81 per cent monthly returns. The market cap of the company amounts to Rs. 15995.74 (Cr) and has a book value of Rs. 496.65.
Bayer CropScience is analyzed by Dynamic Levels as the top 500 performing stocks for the June quarter among the 1700 stocks which are listed on the NSE. Bayer Crop Science is fundamentally strong and is safe for investment, as per Dynamic analysts
In order to know about the support and resistance levels of the scrip and also its fundamentals and financials, please a pay a visit to Bayer CropScience share price history.
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