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Insecticides (India) gains on incorporating wholly-owned subsidiary

21 Jul 2022 Evaluate

Insecticides (India) is currently trading at Rs. 989.95, up by 10.60 points or 1.08% from its previous closing of Rs. 979.35 on the BSE.

The scrip opened at Rs. 983.25 and has touched a high and low of Rs. 990.00 and Rs. 981.45 respectively. So far 651 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 990.35 on 20-Jul-2022 and a 52 week low of Rs. 582.70 on 24-Feb-2022.

Last one week high and low of the scrip stood at Rs. 990.35 and Rs. 876.00 respectively. The current market cap of the company is Rs. 1918.00 crore.

The promoters holding in the company stood at 72.16%, while Institutions and Non-Institutions held 17.64% and 10.20% respectively.

Insecticides (India) has incorporated wholly-owned subsidiary namely ‘IIL Biologicals’. The company will subscribe to 100% paid-up share capital of wholly owned subsidiary company by acquiring 10,000 equity shares at the face value of Rs 10 each aggregating to Rs 1 lakh in cash. IIL Biologicals shall carry on the business of manufacturing, sale, purchase, etc. of all kind of Organic and Biological farming fertilizers, bio-pesticides, bio-control agents or any other allied products.

Insecticides (India) is engaged in the manufacturing activities of agro chemicals, pesticides and technical products for agriculture purposes.


Insecticides India Share Price

722.05 10.10 (1.42%)
17-Apr-2026 16:59 View Price Chart
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