Monsanto India, Atul, Sharda Cropchem, Rallis India and Bayer CropScience were up 3%-18% on the BSE. Shares of the companies engaged in agrochemicals business have rallied by up 18% on the back of heavy volumes on the Bombay Stock Exchange (BSE) in intra-day trade. Monsanto India, Atul, Sharda Cropchem, Excel Crop Care, Rallis India, Bayer CropScience, UPL, PI Industries, Dhanuka Agritech and Insecticides (India) were up in the range of 1%-18% on the BSE. Monsanto India has soared 18% to Rs 2,423, extending its previous day’s rally on the BSE, on back of heavy volumes. In past two trading sessions, the stock zoomed 33% from Rs 1,818 on May 10. The trading volumes on the counter jumped an over 10-fold with a combined 815,269 shares changed hands on the NSE and BSE till 10:52 am. Monsanto India is schedule to announce its January-March 2016 quarter (Q4FY16) results on May 30, 2016. Motilal Oswal Securities expects Q4FY16 Ebitda (earnings before interest, tax, depreciatio
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