Bayer Science climbs 10% on buying flurry

DALAL STREET SPIKES

On Thursday, the stock gained over 10 per cent to close at Rs 201.8. This was after climbing to an intra-day high of Rs 204.95. Over 4 lakh shares exchanged hands on the BSE. The stock has gained 12 per cent over the past one week and 37 per cent in the last one month.

The Thursday's upswing can be attributed to continued buying interest on the counter. The company has decided to stop production of crop science and pharma products in Thane in 2007.

This is expected to bring synergies in manufacturing for the Indian market. Moreover, it is also integrating its seeds business under the crop science business.