Insecticides (India) stock settles 6% up after receiving a patent for its fungicidal composition

On Sensex, Insecticides finished at Rs608 per piece higher by 6.13%.

June 09, 2021 3:56 IST India Infoline News Service

Insecticides (India) on Wednesday announced that the Government of India, Patent Office has approved a synergistic fungicidal composition comprising Hexaconazole and Carbendazim.

The said patent also covers the fungicidal composition,  Hexaconazole 4% + Carbendazim 16% SC which the Company has been selling PAN-India under the Trademark of 'SOFIA'.

On Sensex, Insecticides finished at Rs608 per piece higher by 6.13%.

The stock had touched a new 52-week high of Rs664.95 per piece earlier during trading hours.

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