Bayer Crop slips 4.7% as negotiations on land deal fails

Bayer Cropscience touched an intraday high of Rs 797.80 and an intraday low of Rs 754. At 11:33 hrs the share was quoting at Rs 755, down Rs 37.35, or 4.71%. The negotiations on company's land deal with DB Realty gas failed due to market conditions, quoting Sources, reports CNBC-TV18.

February 04, 2011 / 11:41 IST
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Bayer Cropscience touched an intraday high of Rs 797.80 and an intraday low of Rs 754. At 11:33 hrs the share was quoting at Rs 755, down Rs 37.35, or 4.71%.

The negotiations on company's land deal with DB Realty gas failed due to market conditions, quoting Sources, reports CNBC-TV18.  The land is located in Thane, Mumbai. DB Realty has offered to pay Rs 1550 crore for land. The other bidders include Oberoi, Kalpataru and Sheth.
 
It was trading with volumes of 5,510 shares. In the previous trading session, the share closed up 4.82% or Rs 36.45 at Rs 792.35. However, DB Realty touched a 52-week low of Rs 142.65. At 11:37 hrs the share was quoting at Rs 150.35, down Rs 5.10, or 3.28%.

Share Price Movement During The Last 12 Months
PeriodPriceLatest PriceGain/Loss (Rs.)% Gain/Loss
3-Days735.75755.0019.252.62
5-Days754.90755.000.100.01
7-Days768.75755.00-13.75-1.79
15-Days780.00755.00-25.00-3.21
1-Month930.15755.00-175.15-18.83
3-Month1104.05755.00-349.05-31.62
6-Month874.80755.00-119.80-13.69
9-Month794.00755.00-39.00-4.91
1-Year558.75755.00196.2535.12

first published: Feb 4, 2011 11:38 am

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