Bayer CropScience declines after weak Q4 earnings

Bayer CropScience fell 2.86% to Rs 3958.45 at 10:46 IST on BSE after net profit fell 61.98% to Rs 16.50 crore on 8.56% decline in total income to Rs 540.90 crore in Q4 March 2016 over Q4 March 2015.

The result was announced after market hours on Friday, 13 May 2016.

Meanwhile, the BSE Sensex was down 34.51 points, or 0.14%, to 25,455.06.

On BSE, so far 1,097 shares were traded in the counter, compared with an average volume of 1,708 shares in the past one quarter. The stock hit a high of Rs 4,010 and a low of Rs 3,863.30 so far during the day. The stock hit a 52-week high of Rs 4,155 on 12 May 2016. The stock hit a 52-week low of Rs 3,115 on 12 February 2016. The stock had outperformed the market over the past one month till 13 May 2016, rising 6.31% compared with 0.54% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 29.18% as against Sensex's 10.89% rise.

The large-cap company has an equity capital of Rs 35.35 crore. Face value per share is Rs 10.

Bayer CropScience has presence in seeds, crop protection and non-agricultural pest control. It is organized into operating units: crop protection, seeds and environmental science.

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