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Natco Pharma rises on foraying into Pheromone based technology for IPM

16 Mar 2021 Evaluate

Natco Pharma is currently trading at Rs. 827.20, up by 1.30 points or 0.16% from its previous closing of Rs. 825.90 on the BSE.

The scrip opened at Rs. 823.35 and has touched a high and low of Rs. 831.45 and Rs. 818.60 respectively. So far 7331 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 995.05 on 28-Sep-2020 and a 52 week low of Rs. 450.00 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 854.00 and Rs. 808.05 respectively. The current market cap of the company is Rs. 15027.37 crore.

The promoters holding in the company stood at 48.91%, while Institutions and Non-Institutions held 33.21% and 17.88% respectively.

Natco Pharma has forayed into Pheromone based mating disruption technology for Integrated Pest Management (IPM) solution to farmers in India. NATCO through its Crop Health Science (CHS) division is working with ATGC Biotech (ATGC) for the technology. ATGC is a science based innovative technology company concentrating on developing new biosafe molecules and tools to protect diverse crops from insect pests, in collaboration with US based agricultural biotech company ISCA Inc.

During Kharif 2021, NATCO plans to launch its first Green Label Pheromone product for Effective Management of Pink Bollworm (PBW) in cotton crop, under its brand NATMATE PBW. This is the first pheromone-based indigenously manufactured product for mating disruption that received approval from Central Insecticide Board (CIB). With this launch, cotton farmers will have a new and powerful tool to manage PBW.

Natco Pharma was promoted as a private company to be in the business of research, developing, manufacturing and marketing of pharmaceutical substances and finished dosage forms for Indian and International markets.

Natco Pharma Share Price

1118.95 31.25 (2.87%)
17-Apr-2026 16:59 View Price Chart
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