Monsanto India Shares

Under the open offer, Bayer will acquire up to 44.88 lakh shares of Monsanto India from public shareholders at a price of Rs 2,481.60, which is nearly 4 per cent higher from Tuesday's closing price of Rs 2,392.1 on the National Stock Exchange.

Among individual stocks, Monsanto India shares will in focus today as Bayer Group announced a mandatory offer to buy back up to 26 per cent additional stake in Monsanto India for over Rs 1,100 crore.

Bayer Cropscience is the Indian subsidiary of German-based Bayer AG and is engaged in the manufacturing of insecticides, fungicides and herbicides.

Monsanto India shares jumped over 5 per cent on Tuesday after the government withdrew its notification that mandated the capping of royalty for new genetically modified (GM) traits.

Monsanto India shares slumped nearly 9 per cent on Monday following the government's decision to tighten rules for the sale of genetically-modified cotton seeds in the country.

Total income fell to Rs 39.93 crore during the July-September quarter of the fiscal from Rs 101.57 crore in the corresponding period of the previous year.

The parent also announced authorization of a $10 billion share repurchase and cited strong progress on a new farm data business platform.

MUMBAI, JULY 29: A block deal of 575,000 shares of Monsanto India Ltd was witnessed Thursday on Bombay Stock Exchange at Rs 1,661.60 a share. Total value of the deal was Rs 955.4 million. At 10:07AM, Monsanto India shares were at Rs 1,710.25 on Bombay Stock Exchange, up 2.6% from previous close. Copyright (c) TickerPlant Ltd.

Under the open offer, Bayer will acquire up to 44.88 lakh shares of Monsanto India from public shareholders at a price of Rs 2,481.60, which is nearly 4 per cent higher from Tuesday's closing price of Rs 2,392.1 on the National Stock Exchange.

Among individual stocks, Monsanto India shares will in focus today as Bayer Group announced a mandatory offer to buy back up to 26 per cent additional stake in Monsanto India for over Rs 1,100 crore.

Bayer Cropscience is the Indian subsidiary of German-based Bayer AG and is engaged in the manufacturing of insecticides, fungicides and herbicides.

Monsanto India shares jumped over 5 per cent on Tuesday after the government withdrew its notification that mandated the capping of royalty for new genetically modified (GM) traits.

Monsanto India shares slumped nearly 9 per cent on Monday following the government's decision to tighten rules for the sale of genetically-modified cotton seeds in the country.

Total income fell to Rs 39.93 crore during the July-September quarter of the fiscal from Rs 101.57 crore in the corresponding period of the previous year.

The parent also announced authorization of a $10 billion share repurchase and cited strong progress on a new farm data business platform.

MUMBAI, JULY 29: A block deal of 575,000 shares of Monsanto India Ltd was witnessed Thursday on Bombay Stock Exchange at Rs 1,661.60 a share. Total value of the deal was Rs 955.4 million. At 10:07AM, Monsanto India shares were at Rs 1,710.25 on Bombay Stock Exchange, up 2.6% from previous close. Copyright (c) TickerPlant Ltd.