Bayer CropScience surges; outperforms rivals on earnings

Reuters

11 November 2014 at 11:57 pm

Reuters Market Eye - Bayer CropScience Ltd surges as much as 13 pct, hovers near all-time high of 2,715.15 rupees. The stock is heading towards the biggest single-day gain since August 2014. Bayer's Sept-quarter profit rose by 51 pct to 1.76 billion rupees ($28.60 million). The firm bucks the trend of weak earnings at rival PI Industries , and Rallis India , according to analysts. July-Sept earnings growth: Rallis -2 pct; PI -11.4 pct. (Source: Reuters, BSE) (1 US dollar = 61.5400 rupees) (Reporting by Abhishek Vishnoi)

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