India Pesticides Shares Jump 11.8% After UK, Argentina Product Approvals
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India Pesticides shares jumped 11.8% after UK and Argentina product approvals. Read about the company’s stock performance, Q1FY27 earnings and latest business update.
India Pesticides shares surged nearly 11.8% during Wednesday’s intraday trading session after the agrochemical company announced two regulatory milestones in overseas markets.
The company received technical equivalence approval in the UK for an insecticide product and registration for a herbicide product in Argentina.
At 10:52 AM on Wednesday, 16 September, the India Pesticides stock was trading 7.21% higher at ₹142.24 on the Bombay Stock Exchange (BSE). The stock had touched an intraday high of ₹152.25 and a low of ₹136.
What Did India Pesticides Announce?
India Pesticides disclosed the approvals in a BSE filing on Tuesday. The company said it had received technical equivalence approval for one of its insecticide products in the United Kingdom.
It also secured registration for one of its herbicide products in Argentina. These approvals give the company regulatory clearance to strengthen its product presence in the two overseas markets.
The company said the two clearances would strengthen its presence in overseas markets. It expects the approvals to open up more scope for exports and add to its foreign exchange earnings.
India Pesticides has moved higher in the short term, with the stock up 8.65% over the past two weeks. Despite the recent gains, it is still about 15.25% lower so far this year.
Where Does The Stock Stand?
The stock has seen a wide trading range over the past year. It hit ₹240.10 on 8 September 2025, its highest level in the last 52 weeks. It then slipped to ₹124.65 on 30 March 2026, marking its 52-week low.
India Pesticides’ Q1FY27 results reported a net profit of ₹23.07 crore in the June quarter of FY27, compared with ₹31.76 crore in the March quarter. Net revenue stood at ₹252.56 crore in Q1FY27, down from ₹266.15 crore in Q4FY26.
Earnings per share also declined to ₹2.00 in the June quarter from ₹2.60 in the previous quarter. The company’s return on equity stood at 16.79%.
This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
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