Sindica - a novel, patented post-emergence herbicide for sugarcane from Atul

Atul Ltd (Atul) is in the process of launching its novel and patented formulation, Sindica, a post-emergence herbicide with outstanding efficacy against major weeds on the sugarcane crop. This unique formulation is a combination of 2,4-D Sodium, Metribuzin and Chlorimuron ethyl. It has rapid action and a long-lasting protection against key weeds, such as broadleaf weeds, grasses and sedges, with no adverse impact on the crop or on the soil.

Sindica will further strengthen the position of Atul in the crop protection retail sector in India. The Company plans to utilise its existing production capacity for the manufacturing of Sindica; the capacity will be increased in the near future aligning with the growth of the Crop-Protection Retail business and the expansion of Sindica and other products.

Sindica will be sold primarily in India, but the Company has undertaken market development studies in other countries as well.

Shares of Atul Limited was last trading in BSE at Rs. 5999.30 as compared to the previous close of Rs. 6059.00. The total number of shares traded during the day was 3429 in over 1115 trades.

The stock hit an intraday high of Rs. 6095.15 and intraday low of 5955.00. The net turnover during the day was Rs. 20577021.00.

Source : Equity Bulls

Keywords

Atul INE100A01010 HerbicideforSugarcane