Thursday 12 May 2016

Monsanto zooms 8%

The company may pull its biotech soybean seeds out of Argentina, according to reports.

Monsanto India Ltd stock was higher by 8% at Rs. 2220. The company may pull its biotech soybean seeds out of Argentina, according to reports.

Monsanto IndiaThe scrip opened at Rs. 2105.2 and has touched a high and low of Rs. 2225.6 and Rs. 2105.2 respectively. So far 85985(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 3536.96 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3376.55 on 24-Jul-2015 and a 52 week low of Rs. 1520 on 11-Apr-2016. Last one week high and low of the scrip stood at Rs. 2115 and Rs. 1731.5 respectively.

The promoters holding in the company stood at 72.14 % while Institutions and Non-Institutions held 7.04 % and 20.82 % respectively.

The stock is currently trading above its 200 DMA.

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