Meanwhile, the BSE Sensex was up 111.98 points, or 0.70%, to 16,100.38
On BSE, 3,142 shares were traded in the counter as against average daily volume of 11,860 shares over the past one quarter.
The stock hit a high of Rs 410 and a low of Rs 401 so far during the day. The stock had hit a record high of Rs 476.80 on 7 February 2012 and a 52-week low of Rs 284.20 on 8 June 2011.
The small-cap stock had outperformed the market over the past one month until 4 June 2012, falling 0.16% compared with the Sensex's 5.01% fall. The scrip outperformed the market in past one quarter, declining 3.41% as against 9.35% fall in the Sensex.
The agro-chemicals manufacturing company has an equity capital of Rs 12.68 crore. Face value per share is Rs 10.
As per reports Insecticides India is looking at diluting 7-8% of its promoter's equity stake to private equity funds to raise around Rs 100 crore this year to fund capacity expansion and other growth plans. The promoters hold 74.69% stake in Insecticides India as at end 31 March 2012.
Insecticides (India)'s net profit fell 55% to Rs 2.76 crore on 4.3% fall in net sales to Rs 84.70 crore in Q4 March 2012 over Q4 March 2011.