Bayer CropScience announced that buyback offer will open on 04 September 2017 and close on 15 September 2017. The last date of settlement of bids on the stocks exchange is 26 September 2017.

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Net profit of Bayer CropScience declined 14.86% to Rs 111.70 crore in the quarter ended June 2017 as against Rs 131.20 crore during the previous quarter ended June 2016. Sales declined 15.00% to Rs 698.00 crore in the quarter ended June 2017 as against Rs 821.20 crore during the previous quarter ended June 2016.

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The result was announced during trading hours today, 9 August 2017.

Meanwhile, the S&P BSE Sensex was down 96.46 points, or 0.30% to 31,917.73.

On the BSE, 353 shares were traded in the counter so far, compared with average daily volumes of 1,318 shares in the past one quarter. The stock had hit a high of Rs 4,411.65 and a low of Rs 4,305 so far during the day. The stock hit a record high of Rs 5,050 on 2 June 2017. The stock hit a 52-week low of Rs 3,680.15 on 21 November 2016.

The stock had underperformed the market over the past one month till 8 August 2017, falling 3.97% compared with 0.94% rise in the Sensex. The scrip had also underperformed the market in past one quarter, falling 5.65% as against Sensex's 5.84% rise. The scrip had outperformed the market in past one year, rising 9.72% as against Sensex's 13.99% rise.

The large-cap company has equity capital of Rs 35.35 crore. Face value per share is Rs 10.

Bayer CropScience has presence in seeds, crop protection and non-agricultural pest control.

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Bayer CropScience will hold a meeting of the Board of Directors of the Company on 9 August 2017, to take on record the Unaudited Financial Results of the Company for the quarter ended on June 30, 2017.

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