The share price of Kingfa Science gained nearly 8 per cent after witnessing heavy selling for past few sessions. The results declared by Kingfa Sience were below estimates which led to sharp selling.

On a YTD basis, the shares of agrochemical companies have witnessed a strong bullish trend. 

Majority of the sectoral indices were trading in green with Nifty Realty, Nifty Metal, and Nifty Bank being the top gainers. Nifty IT and Nifty Pharma have been laggards so far as they are trading with minuscule losses.   

The stock has witnessed upsurge in volumes along with the price rise, which indicates buyers’ interest in the stock. Volume recorded in the stock is highest since mid-June 2021.

On Monday as well, BSE SmallCap index continued its upward spiral to touch its all-time high of 25,809.26. The index was up by nearly 1 per cent.   

On Monday, Zuari Agro Chemicals Ltd rose beyond 13 per cent on an intraday basis. 

Heranba Industries Ltd, a domestic agrochemical company engaged in the production of synthetic pyrethroids and its intermediates, announced today that it has received environmental clearance for the expansion of pesticides intermediates, fungicides, herbicides, and insecticides manufacturing at its Sarigam plant in Gujarat.

The shares of Brightcom Group have been buzzing on the bourses recently. Gaining by around 194.80 per cent since June 1, 2021, the company’s scrip has witnessed a strong bull run.  

On Monday, the share of Bosch Limited, a global auto parts supplier zoomed 5.06 per cent in the first half of the trading session.  

Panacea Biotec Limited surged 8.9 per cent today morning after the company announced that it has received manufacturing licence from Drugs Controller General of India (DCGI) for Sputnik V vaccine against COVID-19 in accordance to its collaboration with Russian Direct Investment Fund (Russia’s sovereign wealth fund).