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Best Agrolife Ltd Becomes India's First Agrochemical Manufacturer of Haloxyfop R Methyl Ester Technical 96% w/w



Posted On : 2024-06-24 15:42:08( TIMEZONE : IST )

Best Agrolife Ltd Becomes India's First Agrochemical Manufacturer of Haloxyfop R Methyl Ester Technical 96% w/w

Best Agrolife Ltd (BAL), a leading manufacturer of innovative crop solutions in India, has received the Technical Indigenous Manufacture (TIM) registration for Haloxyfop R methyl ester Technical 96% w/w. BAL holds a patent for a ground-breaking Haloxyfop composition that includes Imazethapyr and Butylated Hydroxy. This innovative product is set to revolutionize soybean cultivation by offering a comprehensive solution for controlling a wide range of weeds. It will be launched nationwide under the brand name 'Shot Down.'

Haloxyfop-R-methyl ester is a post-emergence herbicide extensively utilized to control both annual and perennial grasses. It is commonly applied to various crops, such as soybeans, groundnuts, pulses, and many others. Due to its effectiveness in broad-spectrum weed control, Haloxyfop-R-methyl ester Technical 96% w/w is in high demand in the agricultural sector. Best Agrolife aims to capture a market share worth ₹200 crore within the first two years.

The broad-spectrum weed control offered by Haloxyfop R Methyl Ester Technical 96% w/w effectively targets a wide range of annual and perennial grasses, ensuring enhanced crop safety with minimal impact on crop health. Its post-emergence application allows for targeted weed control during critical growth stages, reducing competition for essential nutrients, water, and light. This leads to healthier, more productive crops and improved yield quality.

Best Agrolife Ltd continues to invest in research and development to introduce advanced and environmentally friendly agricultural products. The company's robust portfolio includes a wide range of crop protection solutions, catering to diverse agricultural needs and ensuring food security for the growing population.

Shares of Best Agrolife Limited was last trading in BSE at Rs. 661.90 as compared to the previous close of Rs. 701.05. The total number of shares traded during the day was 43848 in over 3196 trades.

The stock hit an intraday high of Rs. 725.00 and intraday low of 660.00. The net turnover during the day was Rs. 30420925.00.

Source : Equity Bulls

Keywords

BestAgrolife INE052T01013 TIMRegistration CropSolutions HaloxyfopRmethylester