UPL climbs ~2% on launching Flupyrimin Insecticides to protect rice yields

9 Jun 2022 , 03:22 PM

UPL Limited announced the launch of new insecticides in India containing the patented active ingredient Flupyrimin to target the most damaging rice pests. The launch will collate with the Kharif crop sowing season, typically starting in June, with rice the most important crop sown at this time.

Flupyrimin is a novel insecticide having unique biological properties and residual control, which is effective against major rice pests such as brown plant hopper (BPH) and yellow stem borer (YSB).

Extensive demonstration trials have reflected that Flupyrimin protects rice yields from YSB & BPH damage and boosts crop health, further supporting farmers’ economic resilience and productivity. It also works as pest populations resistant to existing insecticides.

Mike Frank, President, and COO at UPL commented, “Flupyrimin is a breakthrough technology promising a step ahead in pest management for rice growers. With maximum market access through UPL’s wide-ranging distribution channels and differentiated branding strategy, the introduction of Flupyrimin in India marks another milestone of the company’s collaboration with MMAG under our OpenAg vision.”

UPL Ltd is currently trading at Rs746.65 up by Rs11.8 or 1.61% from its previous closing of Rs734.85 on the BSE. The scrip touched intraday high and low of Rs750.75 and Rs727.10 respectively.