Bayer CropScience buy back offer to begin on September 29; stock flat

The company has informed BSE that the date of opening of the buyback Offer will start from September 29, 2015, to October 13, 2015.

Bayer CropScience Ltd is currently trading at Rs. 3721.55, down by 0.27% from its previous closing of Rs. 3740.6 on the BSE.

The company has informed BSE that the date of opening of the buyback Offer will start from September 29, 2015, to October 13, 2015.

The scrip opened at Rs. 3788 and has touched a high and low of Rs. 3788.25 and Rs. 3722.1 respectively. So far 715 shares were traded on the counter. The current market cap of the company is Rs. 13698.08 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4236 on 15-Apr-2015 and a 52 week low of Rs. 2223 on 17-Oct-2014. Last one week high and low of the scrip stood at Rs. 3825 and Rs. 3630.45 respectively.

The promoters holding in the company stood at 68.96 % while Institutions and Non-Institutions held 19.43 % and 11.62 % respectively.

The stock is currently trading above its 50 DMA.